E-File Magic requires a minimum deposit to be made in order to use the print features of the software. The deposit charge of $24.75, allows you to unlock the printing function of the software and gives you a bank of 25 recipients. Because many of our customers are CPA's and other tax professionals, we provide you with this "Recipient Bank" of 25 in order to keep your cost associated with multiple company e-file submissions to a minimum. Here's how it works:
- If the total recipients you submit, regardless of the number of companies/filers, is less than the minimum 25 recipients, you won't be charged more than the minimum fee. E.G., if you had 5 companies/filers, and each company/filer had 5 recipients, your total cost would be equal to the minimum charge of $24.75.
- The cost of quantities above 25 are charged incrementally based on the number recipients per submission.
Many of our competitors charge you a 'Per File' charge, regardless of the quantity of recipients you submit in each file. In this case, the costs can quickly add up. If you're a CPA and are preparing to file for 10 different companies/filers and a total of 50 recipients, you might be charged a per file fee for EACH company/filer. If the per file charge was 75 dollars, filing would cost you $750.00 dollars! With E-File Magic you would pay significantly less.
This is just one example of the many ways E-File Magic has designed it's software and services to support the diverse needs of our customers. Please check our Real Time Price Quote page for a custom quote!