> There is no additional compensation for preparers when a
>> client takes out a loan, so there is no incentive for
>> preparers to push these products on their clients--it
>> basically exists as a convenience for clients who want it.
> Is this accurate? H&R and another store-front office that I
> used to work for both paid the preparer a small additional
> commission for selling a RAL.
Maybe it was true years ago, but I have been working for H&R for 4 years, and I can assure you that tax preparers are not paid anything more if a client wants a RAL. Compensation is based on complexity of the tax return, with a small incentive if the taxpayer opens a savings account or purchases the "Peace of Mind" extended service plan.
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