Glossary of Terms
Glossary is usually defined as an alphabetical list of technical terms in some specialized field of knowledge. This knowledge base glossary provides a collection of knowledge base documents that define many technical terms. These terms are arranged alphabetically, but you can quickly jump to a specific term by selecting its first letter from the index of the knowledge base glossary below.
12 Glossary Terms Found.
E-File Fee
The e-file fee is a fee that is only available through Refund Advantage only. This fee is added to every bank product tax return.
The e-file fee is paid out directly to the ERO bank deposit account on each bank application and is paid out weekly upon IRS funding.
*This fee is set during the EFIN bank application process.*
*These fees are no longer adjustable once the first tax return is submitted to Central Site.*
*The max amount allowed to add on is set by Refund Advantage.*
E-Sign
The process of acquiring an electronic signature through the program using the signature pad, remote sign, or on screen (touch screen) .
Earned Income Credit (EIC)
The Earned Income Tax Credit or Earned Income Credit is a refundable tax credit available to some taxpayers.
Electronic Filing Identification Number (EFIN)
An EFIN is a number assigned by the Internal Revenue Service to preparers that are accepted into the fed/state e-file program. To become an authorized IRS e-file provider, preparers must submit an application and undergo a screening process.
Electronic Return Originator (ERO)
The Authorized IRS e-file Provider that originates the electronic submission of a return to the IRS and has been assigned an EFIN.. The ERO is usually the first point of contact for most taxpayers filing a return using IRS e-file.
Electronic Signature Pad
This is an electronic device with a touch-sensitive LCD screen which allows users to acquire and register a signature or any other physical signature capture device that captures and converts a signature into an electronic format
Employer Identification Number (EIN)
The Employer Identification Number, also known as the Federal Employer Identification Number (FEIN) is assigned to all businesses who hire employees, pay wages, and deposit employment taxes to the IRS on behalf of those employees.
Employer/Payer
A person or entity who has paid wages to an employee and deposited employment taxes to the IRS on behalf of that employee.
Enrollment
The process of configuring Office Information, Fees associated with Bank Products, Account Payment Information related all to an EFIN through the EMP.
Enterprise Management Portal (EMP)
A website that Partners goto to manage office & enrollment data.
Exemption
This is a fixed amount a Taxpayer can claim and subtract from income for his or herself, the spouse, and any eligible Dependents
Export
To move data from this program to an outside program for sorting, formatting, and printing.