Before offering Santa Barbara TPG bank products to your clients, you must complete and submit the ERO Enrollment Application located in your TaxSlayer Pro Account Hub. A new application must be filled out prior to the start of e-file each year. To locate the Santa Barbara TPG ERO Enrollment Application, first log in to your TaxSlayer Pro Account Hub.
Select Bank Product Information from the left side navigation pane and then select BEGIN APPLICATION on the Santa Barbara Tile:
If you applied to offer Santa Barbara bank products last year, many of the bank application fields will pull forward and populate last year's information in the current year bank application fields. It is important to review each field in each section of the bank application for accuracy and update any information that has changed.
Step 1 - Bank Info
The Santa Barbara Bank Info section stores your personal banking account information (the bank account where your preparation fees will be deposited), and your Enrollment Setup preference.
Bank Setup Information - Enter your account name, select an Account Type, enter your bank account routing number, your bank account number and the name of your bank.
Make sure you have verified all of the information in the Bank Setup Information section as this is where Santa Barbara TPG will deposit your preparation fees.
The Enrollment Setup section is used to enter information about when Santa Barbara should ship your supplies.
Hold Shipment Until - Enter the date you would like Santa Barbara to ship your bank product supplies.
After all information has been entered in the Bank Info Section of the application, select Save and Continue at the bottom of the page. If any required fields are blank, you will be prompted to fill in the information before continuing.
Step 2 - Additional Information
The Additional Information section of the bank application stores information about additional materials, prior year bank product information and the Santa Barbara Tax Products Group Financial Services Agreement.
Carefully read the Santa Barbara Tax Products Group Financial Services Agreement. When you have read and understand the ERO Agreement, sign the document by entering your full name in the Agreement Signature field.
After all information has been entered in the Additional Information Section of the application, select Save and Continue at the bottom of the page. If any required fields are blank, you will be prompted to fill in the information before continuing.
Part 3 - Additional Fees
The Additional Fees section of the bank application allows you to opt-in to three additional fees that will be subtracted from the taxpayer's refund in addition to your preparation fees.
Would you like to add to your transmission fee? By default, TaxSlayer Pro charges a $6 transmission fee and an $18 Technology fee on all bank product returns. If you would like to increase the amount charged for the transmission fee, select Yes and select the dollar amount that you want to add. Read the added fee agreement and sign the document by entering your full name in the Signature Name field.
Document Prep Fee - If you would like to charge a document prep fee on bank product returns, enter the amount of the additional fee. The document prep fee will be taken out of the taxpayer's refund and added to your preparation fee. Note: Santa Barbara TPG will keep a portion of the document prep fee, based on the fee you set. Make sure to view the TPG fee chart before entering the amount you would like to add for the document prep fee.
Check Administration Fee - A check administration fee of $12 can be added to your preparation fees and deducted from taxpayer refunds that are disbursed by check. You will receive $4 for each funded bank product return disbursed by check.
When you have finalized your fees in the Additional Fees section, select Save and Continue.
Part 4 - Partner Products
The Partner Products section of the bank application gives you the opportunity to increase your revenue and product offerings to your clients. Visit our website's Product Partnerships page to learn more about each of the available products.
If you will be offering audit protection or identity protection services to your clients, select Yes in the I want to offer this product field. Read the license agreement, opt-in to receive advertising materials and sign up by entering your full name in the Signature field.
Note - You can only opt-in for one audit protection product. If you opt-in to offer Audit Maintenance Pro, you will not have the option to opt-in for Protection Plus and vice-versa.
When you have finalized your partner products options, select Save and Continue.
Part 5 - EFIN Owner
The EFIN Owner section of the bank application stores general information, contact information, driver's license information and address information about the owner of the office EFIN. This information can be pulled from the Company Information section of Account Hub by clicking the icon next to EFIN Owner:
All fields in this section are required. Verify that all of the information is correct and select Save and Continue at the bottom of the screen.
Part 6 - Principal Owner
The Principal Owner section of the bank application stores general information, contact information, driver's license information and address information about the person with the highest percentage of ownership of the business. If the business owner is also the EFIN owner, this information can be pulled from the EFIN Owner section of the bank application by clicking the icon next to Principal Owner:
If the principal owner of the business is different than the EFIN owner, fill in all fields of this section before selecting Save and Continue and the bottom of the screen.
Part 7 - Office Staff
The Office Staff section of the bank application stores general and contact information for an office contact. If the principal owner is also an office contact, this information can be pulled from the Principal Owner section of the bank application by clicking on the icon next to Office Staff:
Fill in and review all fields of this section before selecting Save and Continue and the bottom of the screen.
Part 8 - W9 Information
The W9 Information section of the bank application stores the information of the individual or business that will be issued Form 1099-MISC for any rebate amount paid by TaxSlayer Pro. This amount is also reported to the IRS and must be included on the individual's or business tax return.
The information in this section of the bank application pulls from the TaxSlayer Pro Sales database, based on information you provided. Review the information for accuracy. If changes need to be made, contact your sales manager at 888.420.1040.
Part 9 - Lock and Submit Application
After you complete sections 1 through 8 of the bank application, click on lock and submit application. You will be prompted to confirm you are ready to submit your application to the bank:
The bank application will remain locked until Santa Barbara TPG sends a response. After submitting your bank application, you can check on the status by viewing the Banking Information tile from the main page of Account Hub: