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Article: JACKSON HEWITT BOOSTED BY SPEEDIER IRS REFUNDS.(BUSINESS)
- Article from:
- The Virginian-Pilot (Norfolk, VA)
- Article date:
- March 8, 1996
- Author:
CopyrightCOPYRIGHT 1996 The Virginian Pilot-Ledger Star. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. 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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Byline: TOM SHEAN, STAFF WRITER
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 ...