Taxpayers seek out professional tax preparers for advice and information
VIRGINIA BEACH, Va., June 22, 2018 (GLOBE NEWSWIRE) -- Liberty Tax, Inc. (NASDAQ:TAX)
The postcard-sized Form 1040 tax return looks to be a reality for the 2019 tax filing season, and Liberty Tax, a leading tax preparation franchise, stands ready to help taxpayers understand the new form and navigate the complexities of the Tax Cuts and Jobs Act. Liberty Tax offices will provide educational opportunities for taxpayers to learn more about the law and will continue to provide the advice and information that taxpayers have come to value.
"For more than 20 years, we have helped taxpayers file their taxes and gain a better understanding of the U.S. tax system," said Liberty Tax CEO Nicole Ossenfort. "Next tax season will be no different. We will continue to offer a friendly smile and the professional tax assistance that millions know and trust from Liberty Tax locations across the country."
A recent IRS survey showed that taxpayers identify paid tax professionals as a valuable source of advice and information. Only the IRS ranked higher than paid tax professionals on the survey. Liberty Tax values the public trust and works to provide knowledge to taxpayers.
Liberty Tax realizes that postcard-sized tax return, which Treasury Secretary Steven Mnuchin said will be released next week, is one of many changes that will face taxpayers. The Tax Cuts and Jobs Act is the biggest shift in the tax code in more than 30 years. To help taxpayers better understand the new law and how it will affect their bottom line, Liberty Tax will host Tax Talks at locations across the U.S. The Tax Talks are free, information-packed sessions led by tax professionals. They feature PowerPoint presentations and question-and-answer periods. Taxpayers can call 1-866-871-1040 or visit LibertyTax.com to find a location near them.
About Liberty Tax, Inc.
Founded in 1997, Liberty Tax, Inc. (NASDAQ:TAX) is the parent company of Liberty Tax Service. During tax season 2017, Liberty Tax prepared over two million individual income tax returns in more than 4,000 US/Canadian offices and online. Liberty Tax's online services are available through eSmart Tax, Liberty Online and DIY Tax. Liberty Tax also supports local communities with fundraising endeavors and contributes as a national sponsor to many charitable causes. For a more in-depth look, visit Liberty Tax Service and interact with Liberty Tax on Twitter and Facebook.
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Source: Liberty Tax, Inc.