Replies to post #279 on Jackson Hewitt Tax Service Inc. (fka JHTXQ)

[momentum74]

JTX 1.33 news in the AH .
http://www.reuters.com/article/2011/02/11/jacksonhewitt-idUSSGE71A0BC20110211?feedType=RSS&feedName=nonCyclicalConsumerGoodsSector&rpc=43

[Gregstock]

It definitely seems to be an industry in flux.
I'm thinking govt doesn't want banks involved in tax products at all with the possible implementation of treasury holding preparer fees.
I think they do want more people doing their own but I don't think they realize that some eitc folks will be claiming everyone under the sun on returns.
It's going to be interesting to see what the tax prep industry looks like in 5 years with modernized efile, preparer certification, increased due diligence requirements etc.....
Ultimately I think it's going to be a good thing for the industry but us tax preparers are probably going to have to weather a few bumps in the road until things settle back to a new normal