Liberty Tax Service’s Tax Classes Start Soon

Posted: August 28, 2012 at 1:12 am

VIRGINIA BEACH, Va.--(BUSINESS WIRE)--

Proactive consumers can learn the practical skill of tax preparation at Liberty Tax Service this fall that can lead to discovering additional deductions and tax savings, or even lead to a new career in the tax industry. The annual price taxpayers pay for overlooking legitimate tax deductions and missing other tax breaks is a staggering $1 billion dollars, according to the General Accounting Office. Filing an amended return can allow taxpayers to claim overpayments for overlooking deductions and credits for up to three years.

Students have the opportunity to review their own tax situations and how recent life changes may impact their next tax return, said John Hewitt, CEO and Founder of Liberty Tax Service. They may realize that they have overlooked a legitimate deduction on their return year after year. Its also a great first step to becoming a registered tax preparer, and acquiring the latest industry credentials imposed by the IRS.

Liberty Tax is instructing their tax school students on how to acquire the new credentials and meet the requirements that the IRS is phasing in, and the steps to take to obtain a Preparer Tax Identification Number (PTIN) from the IRS. Since no prior tax experience is necessary to enroll, students can enter tax school from any background, and take advantage of flexible scheduling. Students gain tax knowledge by applying the tax code to various situations to prepare returns with the appropriate schedules, credits and deductions applicable to individual taxation. The course covers tax topics that range from filing small business taxes on a Schedule C to the tax implications of buying and selling a home.

Liberty Tax offers over 11,000 class locations as well as an online class option. September class schedules are flexible with day or evening classes available twice a week for ten weeks. Theres a minimal charge for books and supplies. Liberty Tax Service is actively recruiting bilingual tax school students. To learn more about job opportunities and Libertys series of tax courses, visit http://www.libertytax.com/tax-education.html or call 1-800-658-1042.

About Liberty Tax Service

Liberty Tax Service is the fastest-growing retail tax preparation company in the industrys history, founded in 1997 by CEO John T. Hewitt, a pioneer in the tax industry. A tax school opportunity was the entry point for Hewitts start in the tax industry in 1969. The Company has over 4,100 offices in the United States and Canada, with the majority owned by franchisees.

The Class A Common stock of JTH Holding, Inc. (TAX), the parent company of Liberty Tax Service is traded on the NASDAQ Global Market. The Give Me Liberty! magazine contains more Liberty company news and information.

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Liberty Tax Service’s Tax Classes Start Soon

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