Let’s face it: tax season can be stressful. But with a little preparation and the right tools, you can make the process smoother and more efficient. One way to streamline your financial management—including certain tax to-do’s—is by using your Branch account and debit card. Here are four ways Branch can help you make tax season a little less stressful:
If you're expecting a refund this year, one of the best benefits of including Branch in your tax filing process is the speed with which you can access those funds. Premier account holders can use their account and routing numbers to have their tax refunds deposited directly into their Branch accounts—which is much quicker than waiting for a traditional paper check in the mail. Ensuring a speedy direct deposit process like this lets you access your money as soon as it’s available.
For gig workers, independent contractors, or any other 1099 worker, having a Branch Business Card that you use for all your business-related spending can be a smart strategy. Why? It keeps all of those business-related expenses separate from personal ones, meaning it may be easier to see what deductions you can claim at the end of the year. Think: fuel for your truck or car if you’re a delivery driver; home office equipment if you’re a freelancer. Psst: Want more tax tips for self-employed individuals? We’ve got you covered.
How many times have you struggled with trying to convert or export documents that aren’t in the right format? One of our latest app enhancements takes care of this issue for business account users, allowing you to download your account statements as CSV files. This just so happens to be the preferred format for many tax professionals and software, allowing for even easier tax filing this year. You can also download PDF statements for your own records!
By leveraging the combined tools from TurboTax and Branch, you can better understand and manage your finances all year round—not just during tax time. With Branch, you get access to easy-to-use tools that help you track spending, set budgets, and save for future expenses. And with TurboTax, your maximum refund is guaranteed, whether you choose to have an expert file for you, file with expert help, or file yourself with AI-powered guidance along the way.
These tools make it easier to manage your refund wisely and stay on top of your finances throughout the year.
Want a chance to save $5 off your tax return when you file with TurboTax? Learn more here!
Disclaimer: The materials on branchapp.com are for informational purposes only and subject to our terms of use and privacy policy. This website does not provide legal, financial, tax or insurance advice. We work hard to ensure the information here is accurate, but we recommend you contact a professional for any legal, financial, tax or insurance advice.
Branch is not a bank. Banking Services provided by Evolve Bank & Trust, Member FDIC. FDIC insurance only applies for eligible accounts should the bank holding your funds fail. The Branch Mastercard Debit Card is issued by Evolve Bank & Trust pursuant to a license from Mastercard and may be used everywhere Mastercard debit cards are accepted.
