Income Tax Industry News
Benjamin Franklin said it all when he said that the two constants in life are death and taxes. Every year the tax code gets more complicated and that’s good news for the income tax industry.
This year over 63% of the tax paying population will pay someone to prepare their income taxes. The IRS estimates 137.5 million individual tax returns will be filed this year, which means 86 million filers will pay a tax preparer.
Tax preparation is seasonal, recession-proof and still growing. Liberty Tax is positioned to lead the income tax industry to new heights.