Liberty Tax Service is the Season's Fastest Growing

Liberty Tax Service is fastest growing branded tax service of the season. Between January 1 and March 31, 2005, the company has opened 311 new offices. In addition Liberty Tax Service has realized a 35 percent increase or prepared 142,000 more tax returns than in the same period last year.

Liberty Tax Service was named “Leader in Tax” in the March issue of Accounting Today magazine. The January 2005 issue of Entrepreneur magazine ranked Liberty Tax Service 15th on its annual Franchise 500 list.

Liberty Tax Service is the brainchild of founder and CEO John T. Hewitt. The same John Hewitt who founded Jackson Hewitt Tax Service in 1982 and who has been named one of the accounting profession’s 100 most influential people for four consecutive years by Accounting Today magazine. Hewitt left Jackson Hewitt, now the second largest tax service, in 1996. He opened the first Liberty Tax Service office in Canada in September 1997. Two years later, in 1999, 35 Liberty Tax Service offices were opened in the United States. Today, there are 1735 Liberty offices throughout the United States and Canada.

“Clearly, Liberty Tax is demonstrating the ability to continue on a solid course of controlled growth in number of offices with an increase in returns prepared,” John Hewitt told BusinessWire. “We have already accomplished growth our major two competitors [H&R Block, Jackson Hewitt] haven’t seen in their first eight years. The Liberty team is tenacious, never losing sight of our ability and goal to dominate this industry.”

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Already a member? log in here.

Upcoming CPE Webinars

Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.
Aug 26
This webcast will include discussions of recently issued, commonly-applicable Accounting Standards Updates for non-public, non-governmental entities.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.
Sep 9
In this session we'll discuss the types of technologies and their uses in a small accounting firm office.