Replies to post #161 on Jackson Hewitt Tax Service Inc. (fka JHTXQ)

[Doubledown22]

great..There is no issue with the RAL funding JTX has left in place from Republic and Santa Barbara. JTX has contracts with the RAL lending banks that are not up for review or renewal this year like last year's fiasco in December. If anything they will ADD more RAL lending capacity.

Again for the others reading here the the RAL is being affected INDUSTRY WIDE to include HRB, Mom and Pop, CPAs and any other tax preparer who is trying to get a RAL for their customer.

HRB is not in any way immune to the Federal Government's obvious chipping away at the tax prep businesses and the other service institutions that fund them. JTX just happens to be the first industry target to go after and the RAL is low hanging fruit for them since THEY (FDIC) have that power to "protect its citizens".
http://video.foxbusiness.com/v/4347400/jackson-hewitt-ceo-were-confused-like-taxpayer/

"and we will BE ready for whatever tax changes come down".

thanks for contributing to the board and good luck in the upcoming tax season,

DD22