TaxMasters, Inc. - (OTC:TAXS) the IRS tax relief company, is the first publicly traded tax representation firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Employing over 300 people, the company leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax issues. For more information about TaxMasters, Inc. and its commitment to help taxpayers in the United States solve tax problems
*Recent News*
TAXS announced that a Podcast is now available on the Company’s website where you can listen to Founder, President and Chairman Patrick Cox review the Company’s first quarter 2010 fiscal highlights.
To listen to the Podcast, please visit www.txmstr.com and proceed to the Investor Relations pages where you can click on the Podcast icon.
Last: $.68
For more information visit the website named above.
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Jackson Hewitt Tax Service Inc. - (NYSE:JTX) engages in the computerized preparation of federal, state, and local individual income tax returns in the United States. It also engages in the electronic filing of the customers? tax returns. The company offers its services through a network of franchised and company-owned tax offices operating under the Jackson Hewitt Tax Service brand name. In addition, it offers a range of financial products, such as refund anticipation loans, which are made by a third party financial institution to a customer and secured by a customer?s anticipated federal tax refund; assisted refunds that are provided by third party financial institutions, which offer customers with the ability to have their tax return preparation fees and other charges withheld directly from their tax refund.
JTX notified small business owners of the following: Thanks to a new tax credit,qualifying small business owners can now reap tax benefits for providing health care to eligible employees. The Small Business Health Care Tax Credit is part of the Patient Protection and Affordable Care Act (Health Care Act) signed into law by President Obama on March 23, 2010. Starting with the 2010 tax year, employers that meet certain requirements are eligible for a nonrefundable tax credit of up to 35 percent of the qualifying costs of an employee’s health insurance.
The company also reminds small business owners to invest the time now to determine whether they may be eligible for this significant credit. To qualify, employers must have less than 25 full-time equivalent employees and must pay at least 50 percent of the cost of health coverage for each enrolled employee. The average salary for employees must also be less than $50,000 annually. Employers with no more than 10 employees and an average annual salary between $25,000 and $50,000 per employee will receive the highest percentage of credit.
Continue your research at http://www.jacksonhewitt.com
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H&R Block, Inc. - (NYSE:HRB), through its subsidiaries, provides tax, retail banking, accounting, and business consulting services and products. The company operates in three segments: Tax Services, Business Services, and Consumer Financial Services. The Tax Services segment provides tax return preparation, and related services and products, as well as digital tax preparation alternatives through third-party retail stores, direct mail, or online in the United States, Canada, and Australia. It also offers various online options, such as do-it-yourself tax preparation; professional tax review; tax advice; and tax preparation through a tax professional, as well as options to the customers for receiving their income tax refund, including a check directly from the internal revenue service, an electronic deposit directly to their bank account, a prepaid debit card, and a refund anticipation check.
The company recently reported that the company is initiating a search for a new general counsel. Brian Woram, the company’s current general counsel, will leave the company as of July 2 for a new leadership opportunity.
Since joining H&R Block in 2009, Woram has made several significant company contributions. “His seasoned and rational approach made him an important contributor in helping our senior leadership team establish the company’s strategic three-year plan,” said Russ Smyth, H&R Block’s president and chief executive officer. “He played a critical role in the favorable settlement between RSM and McGladrey & Pullen, as well as directing the legal team in successfully resolving other outstanding litigation matters. His leadership will be missed.”
*Breaking Tax News*
-Tax Filing postponed for storm victims
-Deducted Haiti Relief Donations on 2009 Returns
Learn more and visit the company website here: http://www.hrblock.com
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The Western Union Company - (NYSE:WU) provides money transfer and payment services worldwide. The company?s Consumer-to-Consumer segment offers various consumer-to-consumer money transfer services, primarily through a network of third-party agents using multi-currency and real-time money transfer processing systems. Its consumer-to-consumer money transfer services principally include walk-in money transfer service, online money transfer service, telephone money transfer service, account to cash, and mobile money transfer service. The company?s Global Business Payments segment provides business payments services, which allow consumers to make payments to various organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, governmental agencies, and other businesses, as well as offers international business-to-business cross-border, cross-currency payment services.
The Western Union Company , a leader in global payment services, and OMV, the leading energy group in the European growth belt with headquarters in Vienna, Austria, have agreed to work together to provide Western Union® Money TransferSM services at OMV retail locations.
The cooperation represents a significant step in WU’s strategy to expand and diversify its Agent network into different classes of trade. It complements the company’s strategy to sign up retail locations under the European Union Payment Services Directive which allows non-bank entities to offer financial services under a payment institution’s license. The cooperation with OMV will also help Western Union attract mainstream customers to its money transfer service, as well as promote intra-Euro and domestic money transfers.
The company’s national and international money transfer services will be offered at more than 1,800 OMV filling stations in Austria, Bulgaria, Czech Republic, Germany, Hungary, Romania, Slovakia and Slovenia. The service will be rolled out over the next 18 months and is a further step in OMV and Western Union’s respective strategies.
The company offers Bill Payment Solutions and tips on their website.
Keep track of this company at http://www.westernunion.com
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