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14381: IL - Bank Products and Fees


Illinois

Preparers who offer bank products in Illinois should note the following:

 

Starting in 2017, the only fees that can be charged by Illinois EROs are tax preparation fees.

  • Drake Software does not charge a technology fee in the State of Illinois (exception, see below).
  • Preparers do not have the option to charge additional fees (i.e., no service bureau fees, add-on fees, etc.).
  • Some bank partners may offer limited products, or not have a program in the state of Illinois.
  • Preparers are able to offer Protection Plus products.

For more information, review Section 105.230 of the Illinois DOR.

Contact Refund Advantage at (800) 967­-4934 for more information about any other limitations, or fees that may be charged to preparers using bank products in Illinois.


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