The company also offered a link and information about the RAL program provided by Refund Advantage, noting that RALs might be available to tax preparers on a case-by-case basis
Intuit Reposts Bank Product Info on Web
After removing information from the Bank Products section of its Web pages for the ProSeries tax preparation software in January, Intuit has reposted information about the companies that providing services. The information was removed after the withdrawal of Santa Barbara Bank & Trust from the Refund Anticipation Loan market.
Intuit provided little press material about its plans during the period in which most preparers would have signed up for programs. However, the Web page lists information about refund transfers offered by the Santa Barbara Tax Products Group, which was the unit spun out of the bank. The new organization, backed by an equity investment group, does not offer RALs. Intuit noted that functionality needed to provide refund transfers is included in ProSeries and ProSeries Basic.
