The PATH Act that was approved by Congress last year requires the IRS to hold refunds on Tax Returns claiming the Earned Income Tax Credit and the Additional Child Tax Credit. The IRS will hold the entire refund until February 15th. Which means that most of those refunds will probably not be released until after February 27th for processing time.

This law was enacted to ensure that taxpayers actually get the refund they are owed by giving the IRS more time to help detect and prevent fraud.

For those earlier filers who maybe affected by this delay. Trinity is offering an advance on your tax refund up to $1,250 at no cost to the taxpayer. The advance is available within 24 hours of the IRS acceptance of the tax refund. An Easy Advance is a loan secured by your tax refund and is offered by Republic Bank & Trust Company, member FDIC, to eligible taxpayers. There are no fees or interest associated with the Easy Advance. Loan amount is determined by your expected tax refund less authorized fees.

*A Refund Transfer is a fee-based product offered by Republic Bank & Trust Company, Member FDIC. A Refund Transfer Fee and all other authorized fees will be deducted from your tax refund. Contact Trinity Global Financial Group to learn more about all filing options, including obtaining your refund at no additional cost.*

To find out more please contact us using the contact us form.