One of the most frequent questions that I am getting as a CPA during the tax season is: “How long will it take to get my refund? Will it be faster if I choose direct deposit?”
I always suggest getting direct deposit as it’s faster and safer, but some clients just want to see a check written with a big amount on their name.
However, I would say don’t wait around for a paper check. Have your federal tax and state (if applicable) refund deposited directly into your bank account. Choosing direct deposit is a secure and convenient way to get your money in your pocket faster.
- Secure – there is no chance for a check to get lost in the mail. Thousands of checks are returned to the IRS by the U.S. post office every year as undeliverable mail. Direct deposit eliminates the possibility of not receiving your check and prevents your refund from being stolen.
- Convenient – the money goes directly into your bank account. You won’t have to make a special trip to the bank to deposit the money yourself.
- Easy – simply provide this office with your bank routing number and account number when your return is prepared, and you will receive your refund far quicker than by check.
Please call Accountants in Chicago at TaxCutters 773-728-1500 and we will answer your questions!!