User's Manual - Drake Software

7 Banking
For tax year 2012, Drake is working in conjunction with the banks listed in Table 7-1
to provide taxpayers access to bank products.
Table 7-1: Drake Banking Partners
Bank Phone Website
Advent Financial (866) 655-2340 http://adventtax.com
EPS Financial (877) 801-4411 http://epsfinancial.net
Republic Bank & Trust (866) 491-1040 http://republicrefund.com
River City Bank (888) 820-7848 http://rcbral.com
Tax Products Group (800) 779-7228 http://cisc.sbtpg.com
This chapter covers requirements for you and your clients, processes for setting up
your software for offering various banking options, and data entry for these products.
It also explains what these products are and provides valuable information you will
want to review in addition to the information already provided by Drake and your
banking partner.
Tax Preparer Requirements
IRS Regulation 7216 provides guidance to tax preparers regarding the use and disclosure
of their clients’ tax information to parties outside of the tax preparer’s firm. The
Consent to Use of Tax Information must be signed and dated by the taxpayer (and
spouse, if married filing jointly) before the return is prepared. The Consent to Disclosure
of Tax Information must be signed and dated by the taxpayers before the return is
e-filed and the information submitted to a third party.
Tax Year 2012 209