Tax season is here, and for many, it means a chance to boost savings or pay off expenses—but did you know that millions of taxpayers miss out on valuable tax credits and deductions every year? Filing your taxes the right way can put more money back in your pocket, and Members Exchange Federal Credit Union (MEFCU) is here to help.
A December 2024 report from Forbes revealed that many taxpayers overlook significant tax benefits, potentially leaving thousands of dollars unclaimed. The IRS has identified common tax credits and deductions that go unused, emphasizing the importance of thorough tax preparation.
As an MEFCU member, you have access to exclusive tax preparation discounts that make filing easier, more accurate, and more affordable. Don’t let tax season overwhelm you—use these benefits to maximize your refund and take control of your financial future.
Exclusive Tax Preparation Discounts for MEFCU Members
At MEFCU, we’re committed to helping our members save money and reach their financial goals. This tax season, we’re offering special discounts on top-rated tax preparation services, making it easier to file confidently and get the biggest refund possible.
TurboTax: America’s Leading Tax Preparation Software
As a MEFCU member, you can save up to 20% on TurboTax federal products—helping you file taxes with ease and accuracy.
- 20% Discount: Get up to 20% off TurboTax federal products.
- Flexible Filing Options: Whether you prefer to file yourself or need expert guidance, TurboTax has the right solution.
- Maximum Refund Guarantee: TurboTax searches for every possible credit and deduction to ensure you get the best return.
TurboTax’s step-by-step software makes tax filing stress-free and accurate, so you can be confident you’re getting the refund you deserve.
H&R Block: Professional Tax Expertise at Your Fingertips
For those who prefer expert tax preparation, H&R Block offers MEFCU members an exclusive discount of up to $25 on professional tax services.
- Save Up to $25: Get up to $25 off in-office or virtual tax preparation.
- Expert Guidance: Work directly with a tax professional to ensure accuracy.
- Multiple Service Options: Choose in-person, video, or phone consultations.
If you have a complicated tax situation or want the peace of mind that comes with professional assistance, H&R Block is a great choice.
How MEFCU’s Tax Discounts Put More Money Back in Your Pocket
Using these exclusive MEFCU tax discounts isn’t just about convenience—it’s about keeping more of your hard-earned money. Here’s why taking advantage of these offers is a smart move:
- Lower Costs: Save money on tax preparation with exclusive member discounts.
- Fewer Errors: Avoid common tax mistakes with expert guidance and advanced software.
- More Convenience: File on your schedule with online or in-person options.
- Bigger Refunds: These tools help maximize your deductions and credits, ensuring you get every dollar you’re entitled to.
3 Smart Ways to Use Your Tax Refund
Once you receive your refund, make it work for you with these smart financial strategies:
- Build Your Emergency Fund: Allocating your tax refund to an emergency savings account can provide a financial safety net for unexpected expenses. According to Investopedia, establishing an emergency fund is a prudent use of a tax refund, offering security against unforeseen financial challenges.
- Pay Off High-Interest Debt: Using your tax refund to pay off high-interest debt can significantly improve your financial health. By reducing or eliminating such debts, you not only save on interest payments but also enhance your credit score, which can lead to better financial opportunities in the future.
- Invest in Your Future: Consider using your tax refund to invest in a high-yield savings account, an Individual Retirement Account (IRA), or a Certificate of Deposit (CD) to secure long-term financial stability. According to Fidelity, CDs typically offer higher interest rates than traditional or even high-yield savings accounts, making them a beneficial option for growing your savings.
Get the Most Out of Tax Season with Members Exchange Federal Credit Union
With tax season in full swing, it’s the perfect time to take advantage of exclusive member discounts from Members Exchange Federal Credit Union. Whether you’re filing on your own or working with a professional, our partnerships with TurboTax and H&R Block ensure you get the best rates on trusted tax preparation services.
Don’t risk missing out on deductions or making costly tax filing errors. Take advantage of these savings now and file with confidence. If you have questions, our team is here to help you navigate your tax season smoothly.
With over 70 years of experience, MEFCU proudly serves members across Mississippi, including include Hinds, Madison, Rankin, Simpson, Copiah, Attala, Claiborne, Covington, Holmes, Jasper, Jefferson, Jefferson Davis, Jones, Lawrence, Leake, Lincoln, Neshoba, Newton, Scott, Smith, Warren, Winston, and Yazoo Counties. MEFCU provides trusted financial expertise to communities throughout the state.
Whether you need tax preparation assistance, a savings account for your refund, or financial planning support, MEFCU is committed to helping you make the most of your money. For more information, check out our latest blogs, contact us at (601) 922-3350 or toll-free at 1-800-748-9459, or visit a branch today.
From all of us at MEFCU, we wish you a stress-free and rewarding tax season!
