The Progressive Accountant

Financial Products Help Liberty Results

John Hewitt, Liberty Tax ServiceRevenue from financial products turned sharply upward in the early part of tax season, JTH Holding, parent of Liberty Tax Service, said in reporting its financial results for third quarter ended January 31. JTH said net income rose about almost two and a half times while revenue was up 8.3 percent over last year's corresponding period.

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DIY Returns Up, Pro-prepared Off

IRSDo-it-yourself taxpayers continued to feed the growth in the number of tax returns for the current tax season. However, the market is catching up with the backlog created by the January 31 site and the total number of returns filed through March 7 is only one-tenth of a percent ahead of the totals for 2013 through March 8.

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ITA, CPA2Biz Link Conferences

The Information Technology Alliance and CPA2Biz will co-locate their fall conferences in December. The organizations said the overlapping AICPA/CPA2Biz Digital CPA Conference and the ITA Fall Collaborative, will be held as separate conferences, but offer shared general sessions and cross over topics.

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