August 5, 2010
Liberty Tax CEO Terms IRS Decision to Terminate the Debt Indicator “Disappointing for Consumers”
Liberty Tax Service CEO and Founder John Hewitt reacted strongly to the IRS announcement today that the debt indicator will be discontinued. This action signals a drastic change for Refund Anticipation Loan options.
July 19, 2010
Liberty Tax Founders Concerned with Tax Industry Upheaval
In response to Thomas Bloch’s resignation as a director of H&R Block, the founder of Liberty Tax, John Hewitt, hopes to arrange a meeting. “I am concerned about the tremendous upheaval in the retail income tax preparation industry. The Bloch family was instrumental in creating the concept and I would like to see what they think about the current landscape,” said Hewitt today from his corporate headquarters in Virginia Beach, Virginia.
July 19, 2010
Liberty Tax Service Franchise Ranked on PODER’s 2010 Top Franchises for Hispanics List
For the fourth time, Liberty Tax Service is the only tax service included on PODER magazine’s 2010 list of the “Top 26 Franchises for Hispanics” (June-July 2010). The magazine based its evaluation on “historical performance, brand identification, franchisee satisfaction, training, ongoing support, and financial stability.” PODER also heavily weighed the value of the companies that “operate profitable businesses while also demonstrating an exceptional level of Latino participation and support for the Hispanic community.”
June 17, 2010
Liberty Tax Provides Seminars on The Statue of Liberty and Tax Topics
She’s looking great for 125. The Statue of Liberty has been in the United States 125 years today, holding a torch for the values Americans cherish. For those curious about her creation and arrival in the United States, there’s a way to learn directly from Lady Liberty.
May 12, 2010
Liberty Tax Service’s Tax Season Growth a Record among Big Three Tax Companies for 2010
Liberty Tax Service is the only top three tax company to demonstrate overall system growth during the challenging economic climate of 2010. The Company reports a steady increase in tax returns and revenue for the most recent tax season. Throughout this decade, Liberty Tax Service has demonstrated solid gains in an industry formerly dominated by tax giant H&R Block (NYSE:HRB).
April 30, 2010
Liberty Tax CEO Weighs in on Chase Bank’s Exit from Refund Loan Business
In the wake of a surprising announcement by JP Morgan Chase & Co that they are exiting the Refund Anticipation Loan (RAL) business, Liberty Tax Service CEO John Hewitt expressed concern. “There are 13,000 small business owners who are going to be without a refund loan product next year,” said Hewitt. “It will be crippling to many of them.” As it stands right now Liberty Tax Service and H&R Block (NYSE: HRB) are the only national tax companies able to fully service their customers with a refund loan product.”
April 12, 2010
Liberty Tax Service is Ready for the Last Minute Rush with Extended Hours
With 50 million Americans expected to file their taxes this final week of the tax filing season, Liberty Tax expects that the late crowd is procrastinating because they owe.
April 7, 2010
Liberty Tax Service Holds “Up All Night” Slumber Party April 13-15
With the dreaded April 15 deadline looming, Liberty Tax Service has extended hours for last minute filers at participating locations. Liberty’s “Up All Night” Slumber Party offers twenty-four hour service April 13 7 a.m. through April 15 at midnight.
April 2, 2010
Liberty Tax Service Offers Free Amending of Returns for Flood Victims in Federal Disaster Areas of Massachusetts, Rhode Island, New Jersey and West Virginia
Taxpayers residing in federal disaster areas of Massachusetts, Rhode Island, New Jersey and West Virginia now have an extended deadline of May 11 to file their federal and state tax returns. For residents of those areas who have filed a 2009 return, Liberty Tax Service offices will offer free amended 2009 tax returns. Filing a loss on a 2009 return will help taxpayers receive any refunds due that may aid in rebuilding.
March 26, 2010
Liberty Tax Explains Options for Taxpayers Who Owe
Liberty Tax encourages unemployed and financially challenged taxpayers who owe this year and are worried about their ability to pay to examine enhanced options offered by the IRS. The IRS has expanded the offer-in-compromise program that allows a settlement of the taxpayer’s tax liability for less than the full amount owed based on the individual’s current financial situation, income and future earning potential.
March 24, 2010
Liberty Tax Analyzes the Tax Impact of New Health Care Reform Measures for Individual Filers
In addition to having a major impact on the structure of health care costs for most Americans, the recently passed health care reform act will phase in many tax consequences for individual filers starting now and continuing through 2013.
March 18, 2010
Liberty Tax Urges Small Businesses to Take Advantage of New HIRE Act Provisions this Year
President Obama has signed the Hiring Incentives to Restore Employment Act (HIRE Act) designed to provide $18 billion of job creation incentives for businesses and $20 billion for highway and transportation improvements. A key benefit for sole proprietors and other businesses is an extension of a provision from the American Recovery and Reinvestment Act (P.L. 111-5) that allows small businesses to deduct up to $250,000 of the cost of qualifying property in the year it is purchased, rather than waiting to recover their costs through depreciation deductions over a number of years. This would extend the provision through the tax year of 2010.
March 9, 2010
Liberty Tax Urges Taxpayers to Act Now to File 2006 Tax Returns and Claim Refunds Due
Are you one of approximately 1.4 million people to whom the IRS owes refund money from tax year 2006? There’s more than $1.3 billion outstanding, with the median amount owed averaging about $600. Liberty Tax Service urge taxpayers who can claim refunds from 2006 to file before April 15, 2010, or they will forfeit their refunds to the U.S. Treasury.
March 9, 2010
Time’s Running Out for the First Time Home Buyer’s Credit
Qualified first time home buyers and others who previously owned a home have a May 1st deadline to close on a home in order to take advantage of the first-time home buyer’s credit. First-time home buyers who have not owned a principle residence for three years prior to the purchase of a new home can take a credit of up to $8,000.
February 24, 2010
Liberty Tax Service Releases Tax Season Numbers Through February 15
With the tax season well underway, Liberty Tax Service reports a 10.2% increase in the total number of tax returns filed as of February 15, 2010, and a 28.1% increase in revenue generated. Same store sales show a 3% increase in returns, and a 21.2% increase in revenue. Net fees are up 16%. Liberty Tax added 350 new locations during the past year, and has a total of 3512 brick-and-mortar locations in the United States and Canada.
February 24, 2010
Liberty Tax Waives Tax Prep Fees for Service Professionals During Annual “Appreciation Days” Promotion
It’s time again for Liberty Tax Service’s annual “Appreciation Days .” Since 2000, Liberty Tax has offered free tax preparation for service professionals who are first-time customers during its “Appreciation Days.” Each week in March, a select group is honored at participating Liberty Tax offices throughout the United States. For online filers, Liberty Tax is offering a “Salute to American Workers” with free tax filing at eSmartTax.com until March13, 2010.
February 11, 2010
Liberty Tax Service Honors Presidential Last Names with Free Preparation on Presidents Day
Presidential savings are in order for new customers with last names of United States presidents at participating Liberty Tax Service offices on Monday, February 15, 2010. Liberty hails those with the names of past presidents by liberating them from tax preparation fees on Presidents Day, and offering 50 per cent savings for those with the last names of vice presidents.
January 28, 2010
Liberty Tax Service Launches Nationwide Search To Find America's Next Lady Liberty
Liberty Tax Service, the fastest-growing international tax preparation firm in the world, today launched a search to find the company’s official spokesperson. Applications for America’s Next Lady Liberty will be accepted starting today and will close, appropriately, on Tax Day, April 15, 2010.
January 27, 2010
Liberty Tax Investigates Educational Tax Breaks That Make the Grade for Students and Teachers
The good news about the rising cost of higher education is that students and their families may take advantage of even more tax breaks and credits to offset expenses like tuition and fees. Liberty Tax Service advises taxpayers in school or with family members in school to thoroughly examine the advantages of the tuition and fees credit, the newly expanded Hope Credit, and the lifetime learning credit that may help lower their tax bills and educational costs.
January 27, 2010
Liberty Tax Outlines the Latest Tax Circumstances That Pertain to Children and Families for Filing a 2009 Tax Return
From the cradle to college, children’s lives greatly impact the tax situations of their families. Liberty Tax Service advises you any child born on December 31st of 2009 or before can be claimed for the entire year of 2009.
January 22, 2010
Liberty Tax Service Urges Taxpayers to Help Haitian Relief Efforts and Help Themselves to an Immediate Tax Break
Taxpayers donating to the Haitian relief efforts can reap an immediate tax break. Donations for the Haitian relief made to IRS-approved charities before the end of February 2010 can be written off on a 2009 tax return. Liberty Tax Service has partnered to aid Stop Hunger Now’s immediate relief efforts for the crisis in Haiti. Stop Hunger Now, an international relief organization co-founded by Liberty’s CEO and Founder John Hewitt is engaged in response efforts with its partners in Haiti to provide lifesaving food and supplies.
January 18, 2010
Liberty Tax Service Partners with Stop Hunger Now to Help Haitian Relief Effort with Customer Incentives
Participating Liberty Tax Service offices will make a donation for every tax return prepared to Stop Hunger Now’s immediate relief efforts for the crisis in Haiti. Stop Hunger Now, an international relief organization co-founded by Liberty’s CEO and Founder John Hewitt is engaged in response efforts with its partners in Haiti to fulfill the immediate vital needs of the Haitian people
January 13, 2010
Liberty Tax Launches Ad Campaign with Focus on Services to Customers: "It’s Time to Change Your Tax Preparer"
As many as 2.2 million American taxpayers are overpaying their taxes by overlooking deductions and tax breaks, according to a General Accounting Office survey. Sadly, the majority of these are middle-class workers whose incomes fall between $25, 000 and $50,000. With new tax changes, often comes confusion, with that thought in mind, Liberty Tax has developed its 2010 ad campaign to focus on its professional services and reasons why it many be time to change your tax preparer to Liberty Tax.
January 08, 2010
Liberty proves taxes can be fun - Jacksonville Daily Record
There’s one surefire way to know it’s tax season: the Liberty Tax Service wavers dressed as the Statue of Liberty have popped up all over town.
January 05, 2010
Liberty Tax Service Is Ready For Internal Tax Preparer Certification Program
With a tax preparer certification process in place since 2007, Liberty Tax Service is poised for stricter IRS standards on tax preparers that may take effect in the next few years. Liberty Tax took a proactive approach toward professional standardization, customer satisfaction and maintaining the integrity of the Liberty Tax brand by creating its own innovation three-tier skill examination for its preparers.