Jackson Hewitt officially filed petition for bankruptcy on May 23rd in the Delaware District court.  Jackson completed the the 2010 tax season with over 700 franchisees operating 4,800 locations.  The Bankruptcy has been classified as a “packaged bankruptcy” for restructuring debt, but this official filing is certainly a negative blow to the second largest tax […]

The Kansas State offices have been closed since Monday afternoon because of the weather. Our last efile batch retrieval from IRS was Monday morning. We should be back to work Thursday and resume the legacy e-file processing.

We will be giving away a free “Fast Tax Refunds” neon sign.  Simply send us pictures of your tax office inside and out and we will pick the best setup and we will get the sign shipped out.  Most of our interaction with our offices is done over the phone and this lets us put […]

Liberty Tax’s bank has released their lending program for the year and they will be limited to checks of $1,500 and the remainder printed in 7-14 days.  The 50% of Jackson Hewitt offices that have any type of 1-2 day refund options will also be subject to this same limit.

Offices preparing returns that have had the Earned Income Tax Credit denied will be receiving compliance letters stressing the importance of operating with Due Dilligence in the future.  Earned Income Tax Credit is one of the most fraudulently used tools in individual tax preparation.  As a preparer you should be aware of the EITC due diligence requirements as well […]