Halloween is over which means the holiday shopping season is kicking into gear. Wondering how you’re going to afford all of those Christmas gifts this year? Put spending money in your pocket by getting your tax refund in time for Christmas shopping. Who needs all that extra cash in April? Why not get your tax refund when you really need it– in time for holiday shopping! Here are a few simple steps to take in order to get your tax refund in time for Christmas.

Find a Tax Preparer

Rather than waiting until 2010 to find a tax preparer, do it now. Look for a company that offers a Refund Anticipation Loan, or RAL. One example of a company offering great RAL service is Regional Finance.

Bring Your Latest Pay Stub

In order for tax preparers like Regional Finance to estimate what you’ll be getting from Uncle Sam in 2010, they’ll need your most recent pay stub. Then a tax preparer will use tax preparation software to estimate your tax refund.

Receive Your Funds

Once the paperwork is filed and you meet the necessary qualifications, you’ll receive your Refund Anticipation Loan in time for holiday shopping. Some companies, like Regional Finance, don’t require upfront fees when you’re receiving an RAL. But other companies may assess a fee up front. Once you get your money you are free to spend it however you wish, whether it’s a new bike for your little one or an iPod for your spouse.

Return to Your Tax Preparer

Once the new year rolls around you may need to return to your tax preparer with all of your tax documents including W-2 forms. You will file both your state and federal taxes at this time.

Pay Back Your Loan

Once the IRS sends you your tax refund check in 2010, you pay back the RAL. Since this is a loan, you will pay interest on the amount you borrowed so make sure you understand the terms of your RAL. Remember, you are paying for the convenience of having your tax refund when you really need it: in time for Christmas!