12/08/2025
⚠️ IMPORTANT BANKING PRODUCT NOTICE – LUXURY TAX PRO CLIENTS ⚠️
When you file your taxes with Luxury Tax Pro and choose to use one of our refund advance or bank product options, your tax refund may first be sent to a temporary processing account connected to that banking product. From there, your tax preparation fees are deducted, and the remaining balance is then released to you by direct deposit, check, or other selected disbursement method.
This process is standard with refund-based bank products and is NOT fraud. In some cases, this flow of funds may be referenced on your tax return (Form 1040) or within the bank’s disclosure and consent documents that you approve before filing.
Some clients are surprised when they see a bank or processing account listed instead of their personal account. Please understand:
👉 This is not a personal account of Luxury Tax Pro
👉 It is a secure third-party processing account used strictly for refund handling and fee collection
👉 This method is a normal industry practice with certain tax banking products
✅ What We Recommend Clients Do:
• Carefully review all bank product disclosures before consenting
• Ask your preparer to explain exactly how your refund will move from IRS → bank → you
• If you prefer your refund to go directly to your personal bank with no processing account, ask us about available alternatives before filing
If you ever have questions about your refund, your deposit, or the banking product you selected, we encourage you to reach out directly.
📩 DM us for clarification
📲 Or text 816-482-7827 for assistance
At Prosperity Path Financial , transparency and protection of our clients come first we want you to understand every step of the process with confidence. ❤️✅