It’s no secret that most consumers will be spending more money during the holidays this year due to rising costs and inflation.
According to a recent survey from the National Retail Federation, holiday spending is expected to reach record levels in 2024, totaling more than $979.5 billion.
On average, people will spend a record $902 per person across gifts, food, decorations, and other seasonal items. Jackson Hewitt Tax Services® aims to ease the financial strain of holiday spending by offering the Early Tax Refund Advance loan*, which provides up to $1,500, upon approval.
Just in the nick of time with the busiest shopping days of the year in sight, Jackson Hewitt will officially open thousands of local office locations nationwide on December 16, 2024. Consumers can book an appointment now to reserve a time to meet with a Jackson Hewitt Tax Pro before January 12, 2025.
“At Jackson Hewitt, we understand how stressful this time of year can be with extra holiday spending and end-of-year expenses quickly adding up,” said Greg Macfarlane, CEO and President of Jackson Hewitt Tax Services.
“By offering our Early Tax Refund Advance loan, we have seen first-hand the positive impact and much-appreciated financial flexibility it provides our hardworking clients during the holiday season.
The loan is designed to provide early and convenient access to money based on their expected Federal tax refund.
And this year, we are pleased to increase the loan up to $1,500, which is the industry’s largest amount available to consumers. By meeting with a Jackson Hewitt Tax Pro, and if approved, people can receive money in minutes by selecting a prepaid card.
Our goal is to provide Tax Refund Advance loans that ease our clients’ financial concerns and help them focus on enjoying the holidays with loved ones.”
Starting next week, December 16, 2024, through January 12, 2025, clients can apply for an Early Tax Refund Advance loan at any participating Jackson Hewitt office, as well as company-branded kiosk locations within Walmart.
Once approved, Jackson Hewitt clients can opt for the advance to be placed on a prepaid card for immediate use or depositing the funds directly into a bank account within one to five business days. Jackson Hewitt is once again offering clients our Money Today Guarantee** for the Early Tax Refund Advance loan.
For approved clients opting to receive the loan on a prepaid card, the guarantee assures the money will be available on the same day, or otherwise Jackson Hewitt will pay the client $50.
To apply for an Early Tax Refund Advance loan, clients can book an appointment at a local, participating Jackson Hewitt location online at JacksonHewitt.com and should bring a recent paystub, and a government-issued ID when meeting with a Jackson Hewitt Tax Pro to determine eligibility.
The Early Tax Refund Advance loan is available to individuals who apply for a No Fee Tax Refund Advance loan, which requires filing a tax return with Jackson Hewitt, beginning January 2, 2025. Depending on eligibility, Jackson Hewitt clients can get $100, $300, $500, $1,000, or $1,500 from the Early Tax Refund Advance loan, Terms and Finance Charges apply.
For more information about the Early Tax Refund Advance loan available at Jackson Hewitt, visit jacksonhewitt.com/refund-advance. To find the nearest Jackson Hewitt office and book an appointment, visit jacksonhewitt.com.
SOURCE Jackson Hewitt Tax Service Inc.
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