As of January 2025, several online platforms offer expedited tax refund services, enabling taxpayers to receive their refunds more quickly than traditional methods. Here are some notable options:For more information please visit Same Day Tax Refund Online
Intuit TurboTax
TurboTax has introduced a service that guarantees tax refunds within five days, provided the tax return is filed by March 25, 2025. This service is available to users who opt for direct deposit and meet specific eligibility criteria.
IRS Direct File
The Internal Revenue Service (IRS) offers a free online tax preparation service called Direct File, available in all 50 states and Washington, D.C., starting in the 2025 tax season. This platform allows taxpayers to file their returns directly with the IRS, potentially speeding up the refund process.
Column Tax
Column Tax integrates tax filing into everyday banking and accounting apps, aiming to simplify the process and reduce costs. By leveraging pre-stored financial data, it offers a streamlined tax filing experience, which may lead to faster refunds.
FBR’s FASTER System
In Pakistan, the Federal Board of Revenue (FBR) has expanded the FASTER (Fast and Secure Transmission of Electronic Records) system to all exporters, allowing them to receive sales tax refunds within 72 hours. This system aims to enhance cash flow for exporters by processing refunds more efficiently.
Please note that the availability and effectiveness of these services can vary based on individual circumstances and regional regulations. It’s advisable to consult with a tax professional or the respective platform’s customer service to determine the best option for your specific situation.
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