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Financial Services Franchise Industry News & Announcements brings you the latest in Financial Services franchising news from around the web. As one of the most trusted news sources for the Financial Services franchise industry, streams hundreds of the latest news directly to your desktop.

The Growth Coach Now Serving Northern Columbus »

June 29, 2015 at 4:07AM PDT | Source: The Growth Coach

June 09, 2015 // // COLUMBUS – OH – The Growth Coach Business and Sales Coaching is expanding to serve even more of the Greater Columbus area. Thanks to dedicated coach Brad Schneider, The Growth Coach of Central Ohio North opened its doors on May 18, 2015 and will serve the business professionals of northern Columbus, Delaware, Westerville, Lewis Center, and Sunbury.
“The Growth Coach is giving me a way to help local businesses maximize their resources to have a greater impact on their communities and to help the people within those businesses improve their own quality of life,” says Schneider. Schneider brings with him to The Growth Coach of Central Ohio North a long history of coaching, consulting, and organizational development...

Michael Williams Brings The Growth Coach To Northern Virginia »

June 26, 2015 at 4:59AM PDT | Source: The Growth Coach

The Growth Coach, the largest provider of affordable group coaching workshops in the nation, now serves Fairfax, Chantilly, Manassas and Fredericksburg in Virginia.
Fredericksburg, VA (PRWEB) June 25, 2015 - After a long career with two Fortune 500 companies, Michael Williams is looking forward to bringing his experience and passion for business management and sales to local businesses through his new company, The Growth Coach of Northern Virginia.
The Growth Coach is the largest provider of affordable group coaching workshops in the nation, but coaches also offer one-to-one coaching services, remote coaching delivered via phone and web, and coaching for special projects as well as alternative financing, business valuation services, sales mapping and more...

Statement Of Mark Ciaramitaro, Vice President, Tax And Health Care Services »

June 25, 2015 at 8:03AM PDT | Source: H&R Block

H&R Block Responds to Supreme Court Ruling on ACA Advance Premium Tax Credits
KANSAS CITY, MO - (Marketwired) - June 25, 2015 - (NYSE: HRB) - "The Supreme Court decision today on a provision of the Affordable Care Act (ACA) affirms the ability for consumers who enrolled for health coverage via the Federal Marketplace to receive advance premium tax credits to help pay for their monthly insurance premiums.
For 2015, Health and Human Services estimated 6.3 million of the 7.4 million consumers enrolled in health insurance via the Federal Marketplace received an advance premium tax credit (APTC).
This decision indicates there will be no change going forward for the consumers, as well as health care and tax preparation industries with regard to the availability and impacts of premium tax credits...

J.D. Byrider Brings First Franchise To New Jersey »

June 23, 2015 at 6:53AM PDT | Source: J.D. Byrider

June 23, 2015 // // OLD BRIDGE, N.J. – Old Bridge-area residents have another option for purchasing used cars now that a new J.D. Byrider dealership is open at 1225 Route 9 North. The new location is the first J.D. Byrider dealership in New Jersey, and it is the first dealership for new franchisee Jay Brichke.
“I look forward to bringing J.D. Byrider to Old Bridge and to the great state of New Jersey,” said Brichke. “My staff and I are dedicated to helping customers with less-than-perfect credit find a dependable vehicle, complete with affordable financing and quality service.”
The 11,000 square-foot location will offer used car sales, nine service bays, affordable pricing on parts and labor and a 24–month/24,000-mile service agreement on all cars purchased...

CardHub Pegs H&R Block Emerald Prepaid MasterCard® Among Top Prepaid Cards »

June 19, 2015 at 3:40AM PDT | Source: H&R Block

Emerald Card One of the Best in Two Categories; Scores High Overall
KANSAS CITY, MO - (Marketwired) - June 18, 2015 - CardHub recognized H&R Block's (NYSE: HRB) Emerald Prepaid MasterCard® as one of 2015's Best Prepaid Cards. CardHub used its proprietary cost comparison tool to evaluate features, fees and services of 40 of the most popular prepaid cards based on four common usage habits among consumers.
The usage behaviors included those looking for a replacement checking account, children managing their allowance, people looking at alternatives to check cashing and consumers gaining access to electronic transactions.
"As popularity in prepaid cards rises every year, being selected among the best of the best by CardHub is another indication of H&R Block's core value to do the right thing," said Greg Steinlicht, vice president of H&R Block financial services...

Liberty Tax Service Announces Fiscal Year 2015 Results »

June 18, 2015 at 6:46AM PDT | Source: Liberty Tax Service
Liberty Tax Service  Opportunities Available

VIRGINIA BEACH, VA - (Marketwired) - June 18, 2015 - Liberty Tax, Inc. (NASDAQ: TAX) (the "Company"), the parent company of Liberty Tax Service, today reported its results for fiscal year 2015. The Company reported that the total number of customers served in the U.S. and Canada grew by 2.1% to 2.2 million. Tax returns prepared in offices in the U.S. grew 0.9%, exceeding the national paid preparer category growth rate, while total returns in Canada grew 9.3%.
"Despite one of the most challenging tax seasons in recent memory, we continued our track record of increasing the number of taxpayers we served faster than the overall market," said John Hewitt, CEO. "Unfortunately, the revenue growth we expected from the Affordable Care Act (ACA) did not materialize and delays in implementation of immigration reform also impacted our revenue this year...

ATAX’s 2015 Tax Season Reinforces Company’s Rise »

June 17, 2015 at 3:52AM PDT | Source: ATAX

Tax Preparations Increase More than 15 Percent; Outpaces Competitors and Industry Tax Return Trends
June 17, 2015 // // NEW YORK – ATAX continues to astonish the accounting and tax preparation industry with its resounding ascent to prominence.
The 2015 tax season proved to be another opportunity for the award-winning tax preparation, bookkeeping and payroll services company to showcase the momentum it has created with the U.S. individual and small business customer base that it commands.
Announced today, the 2015 tax season was ATAX’s strongest since it began franchising in 2007. From January 1 through April 30, 2015, ATAX’s 40 locations combined to show an increase of more than 16 percent in the number of returns prepared in the 2015 tax season versus 2014...

Liberty Tax Service Partners In IRS Fraud Initiative »

June 15, 2015 at 4:22AM PDT | Source: Liberty Tax Service
Liberty Tax Service  Opportunities Available

VIRGINIA BEACH, VA - (Marketwired - Jun 12, 2015) - Liberty Tax, Inc. (NASDAQ: TAX), parent company of Liberty Tax Service, has joined forces with the Internal Revenue Service and various state tax authorities to implement specific and actionable strategies to combat tax refund identity theft fraud, beginning with the 2016 tax season. In a Memorandum of Understanding, Liberty Tax, along with the IRS, state tax agencies and various industry leaders, has committed to developing taxpayer authentication protocols, providing aggregated analytical data to the IRS to help identify fraud, and continuing discussion of information sharing initiatives.
"Tax refund identity theft fraud is a growing threat to the tax system and our customers. It can have a devastating effect on honest taxpayers," said John Hewitt, president and CEO of Liberty Tax Service...

Statement Of Bill Cobb, President & CEO Of H&R Block »

June 12, 2015 at 4:26AM PDT | Source: H&R Block

Following Today's IRS/Industry Summit in Washington, DC on Identity Theft Tax Refund Fraud
KANSAS CITY, MO - (Marketwired) - June 11, 2015 - (NYSE: HRB) - "I am pleased to announce that H&R Block has signed the Memorandum of Understanding, along with other members of the industry. The MOU documents the agreements of the broad-based working group on detecting and mitigating identity theft tax refund fraud. I commend Commissioner Koskinen for his continued leadership of this unprecedented effort to build a public/private partnership to fight this evolving threat.
Our goal for the working group was to implement change to better protect taxpayers. The MOU is a good first step, but it is just a small first step. We must seize the momentum and move beyond a set of predominantly voluntary guidelines...

H&R Block Announces Fiscal 2015 Results »

June 09, 2015 at 7:25AM PDT | Source: H&R Block

KANSAS CITY, MO - (Marketwired) - June 08, 2015 - H&R Block, Inc. (NYSE: HRB)

Total revenues increased $54 million, or 1.8%, to $3.1 billion1
Adjusted EBITDA margin of 30.8% consistent with prior year2
Earnings per share from continuing operations of $1.75 3

H&R Block, Inc. (NYSE: HRB), the world's largest consumer tax services provider, today released its financial results for the fiscal year ended April 30, 2015. Revenues increased for the third consecutive year to $3.1 billion, or 1.8%, driven by successful implementation of the company's pricing strategy and improved return mix in its retail locations, improved digital do-it-yourself (DIY) volume and monetization, and the impact of franchise acquisitions...

Liberty Tax Service To Report Fiscal 2015 Results On June 18 »

June 09, 2015 at 6:19AM PDT | Source: Liberty Tax Service
Liberty Tax Service  Opportunities Available

VIRGINIA BEACH, VA - (Marketwired - Jun 9, 2015) - Liberty Tax, Inc. (NASDAQ: TAX), parent company of Liberty Tax Service, announced today that it will report its earnings for fiscal 2015 before the market opens on Thursday, June 18, 2015. At 8:30 a.m. ET on the same day, the Company will host a conference call to discuss its earnings. To listen to the call, dial 855-611-0856 (domestic) or 518-444-5569 (international), conference ID code 48303673, approximately 10 minutes prior to the start time of the call. The call will also be webcast in a listen-only format. The link to the webcast may be accessed on the Company's investor relations website at, under the "About" tab.
A telephonic replay of the call will be available beginning shortly after the call continuing until Thursday, June 25, 2015, by dialing 855-859-2056 (domestic) or 404-537-3406 (international)...

One Week Until Tax Day - For U.S. Expats »

June 08, 2015 at 12:07PM PDT | Source: H&R Block

Americans Living Abroad Must File a 2014 U.S. Tax Return by June 15, 2015
KANSAS CITY, MO - (Marketwired) - June 08, 2015 - Americans living abroad must file a U.S. tax return by Monday, June 15, even if they did not earn income in the U.S. As the world's largest consumer tax services provider with offices in 14 countries and territories and a virtual service for U.S. expats across the globe, H&R Block (NYSE: HRB) reminds Americans abroad to file their returns by the 15th, including any previous years' returns they neglected to file, under the IRS streamlined compliance programs.
"With the IRS providing taxpayers abroad the opportunity to file prior year returns to come into full compliance, now is the time to file not just your 2014 return, but to take advantage of the streamlined program and file returns dating back to 2009," said Roland Sabates, operations director of H&R Block's expat filing services...

United Real Estate Accelerates Growth Plans »

June 03, 2015 at 9:22AM PDT | Source: United Real Estate

McCarthy Capital invests in leading 100% commission real estate firm to fuel innovative model.
June 03, 2015 // // KANSAS CITY, MO - United Real Estate, a 100% commission urban real estate franchising company and division of United Real Estate Holdings, announced today that it has partnered with McCarthy Capital Fund V (“McCarthy Capital”) to more aggressively drive its rapid expansion. McCarthy Capital currently manages nearly $1 billion of investment capital across its portfolio specializing in helping grow strong businesses in partnership with existing management.
“The McCarthy Capital team brings a great deal of proven expertise to the table, helping us accelerate the realization of our long-term strategy and growth,” said Dan Duffy, Chief Executive Officer of United Real Estate Holdings...

Liquid Capital Breaks Down Barriers With New International Factoring Program »

May 28, 2015 at 7:14AM PDT | Source: Liquid Capital

May 28, 2015 // // TORONTO - Liquid Capital, a full service trade financing company specializing in factoring has launched “International Factoring Program.” Effective immediately, the new financial solution from Liquid Capital is available to all North American banks, lenders, ABLs and factors and their clients to fund commonly underutilized international A/R accounts.
Liquid Capital’s “International Factoring Program” works with lenders and its clients to increase working capital potential without disturbing existing lender’s security position or relationship. While foreign accounts receivable have generally been considered to be ineligible forms of collateral, with Liquid Capital’s “International Factoring Program,” this is no longer the case...

H&R Block Surprises Michigan High School Senior With $120,000 Scholarship »

May 11, 2015 at 5:08AM PDT | Source: H&R Block

Sean Lawrence Deemed "Most Real-World Ready" in Nationwide Teen Financial Literacy Program
KANSAS CITY, MO - (Marketwired) - May 11, 2015 - Seventeen-year-old Sean Lawrence earned a $120,000 college scholarship through the H&R Block Budget Challenge - a financial literacy program that rewards high school students for mastering personal finance. The St. Clair, Michigan, senior was deemed "most real-world ready" out of more than 93,000 high school students - from 5,621 U.S. classrooms - that competed in the budgeting simulation during this school year.
The scholarship was presented at St. Clair High School during a school celebration. It came as a surprise to Lawrence, who thought he was receiving just one of the 133 $20,000 scholarships H&R Block awarded to financially savvy teens nationwide...

Debra Kent: A Testament To The United Real Estate Model »

May 11, 2015 at 4:36AM PDT | Source: United Real Estate

Indianapolis Agent Ranks Among Top Agents Nationwide for Earnings and Closed Units
May 11, 2015 // // KANSAS CITY, MO. - United® Real Estate, a fast-growing real estate and franchise operation company, announces that Debra Kent of United Real Estate – Indianapolis ranks among the top sales agents for the first quarter of 2015. Beginning her real estate career in 2012, Kent initially joined Sycamore Group Realtors, which transitioned to a United Real Estate office in late 2014. With her increased earnings and top-ranking closed sales, Debra is a testament to the success agents can have with the United model.
“I made the leap and left my full-time career in marketing less than three years ago to do what I always suspected was my calling - helping people buy and sell homes,” said Kent...

H&R Block Announces Quarterly Cash Dividend »

May 08, 2015 at 3:49AM PDT | Source: H&R Block

KANSAS CITY, MO - (Marketwired) - May 07, 2015 - H&R Block, Inc. (NYSE: HRB), the world's largest consumer tax services provider, today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share, payable July 1, 2015, to shareholders of record as of June 15, 2015.
The July 1 dividend payment will mark H&R Block's 211th consecutive quarterly dividend since the company went public in 1962.
About H&R Block
H&R Block, Inc. (NYSE: HRB) is the world's largest consumer tax services provider. More than 650 million tax returns have been prepared worldwide by and through H&R Block since 1955. In fiscal 2014, H&R Block had annual revenues over $3.0 billion with 24.2 million tax returns prepared worldwide...

Jackson Hewitt® Reports Strong 2015 Tax Season »

May 05, 2015 at 9:46AM PDT | Source: Jackson Hewitt Tax Service

New Consumer Promise to Work Hard for America’s Hardest Working Resonates with Taxpayers and Drives Growth
PARSIPPANY, N.J. - May 05, 2015  - (BUSINESS WIRE) - Jackson Hewitt Tax Service® today announced the best results it has seen in over five years following what has been a transformative 2015 tax season with the launch of a new consumer brand promise and growth across all major areas of its tax business. Total revenues increased 7.4% compared to prior year, and same store sales increased 4.3%. Total returns were up nearly 3% with same store assisted returns increasing 0.5%, driven by new customer growth and improved customer retention. These results are in contrast to a flat in-person tax preparation industry as a whole, according to Internal Revenue Service statistics through April 17...

Liberty Tax Service Reports U.S. Tax Results Through April 17th »

May 01, 2015 at 5:06AM PDT | Source: Liberty Tax Service
Liberty Tax Service  Opportunities Available

VIRGINIA BEACH, VA - (Marketwired) - April 30, 2015 - Liberty Tax, Inc. (NASDAQ: TAX) (the "Company"), parent company of Liberty Tax Service, announced today that for the 2015 tax season, from January 1 through April 17, the Company and its franchisees increased the number of returns prepared in its offices by .6%. For the fiscal year to date, the Company reported an increase in returns prepared of 1% compared to the prior year.
"The 2015 tax season was disappointing," said John Hewitt, Chairman and CEO. "The complication and confusion around the Affordable Care Act (ACA) did not drive the shift to paid preparers or the level of price increase that we were expecting this year, and in fact might have actually reduced overall return counts for the industry...

H&R Block's Final ACA Stats: Refunds Impacted For Most Who Received Advance Tax Credit »

April 27, 2015 at 6:07AM PDT | Source: H&R Block

Numbers Show Increase From Early Season Results
KANSAS CITY, MO - (Marketwired) - April 27, 2015 - Almost two-thirds of tax filers who received insurance via the state or federal insurance Marketplaces had to pay back an average of $729 of the Advance Premium Tax Credit (APTC), cutting their potential refund by almost one-third, according to analysis of filing data by H&R Block (NYSE: HRB), the world's largest consumer tax preparation company. Conversely, one in four was due additional premium tax credit and therefore had an increase of an average of $425 in their refund.
The end-of-season results showed an increase compared to the results the company found in mid-February. At that time, 52 percent of those receiving a tax credit had to pay back an average of $530, reducing the average refund by about 17 percent...

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