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Article: Virginia's Jackson Hewitt Reports Tax Preparation Income Up from '95.(Originated from The Virginian-Pilot, Norfolk, Va.)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 8, 1996
- Author:
CopyrightCOPYRIGHT 1996 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mar. 8--Helped by the IRS's speedier payment of tax refunds this year, Jackson Hewitt Inc. has bounced back from the crippling conditions of early 1995, its chief executive officer told shareholders Thursday.
Since early January, Jackson Hewitt offices have prepared 515,000 returns, a 14 percent increase from a year earlier, chairman and president John T. Hewitt said during the hour-long meeting.
In addition, Jackson Hewitt's gross income has increased 32 percent from the comparable period of 1995, he said.
"Thus far, we're very pleased with the 1996 tax season," Hewitt told about 65 shareholders, employees and franchise owners.
Virginia ...