Instant Tax Service Franchise News

Despite Economic Challenges, Pre-Season Advances & Reduced Check Cashing Fees Contribute to Success
DAYTON, Ohio, Feb. 21, 2012 /PRNewswire/ -- Instant Tax Service, a nationwide retail tax preparation company, announced today that they are on target to prepare a record number of tax returns this season on behalf of their customers.
President and CEO of Instant Tax Service, Fez Ogbazion, says that despite this being "the hardest year" he can remember in his 20 years in the industry, his company is on target to prepare over 200,000 tax returns this season.
A troubled economy, continued unemployment, and tighter lending standards have hit millions of Americans hard over the last few years. Ogbazion credits his company's milestone to the resilience of his franchisees – hardworking entrepreneurs who continue to drive the company's success...

September 22, 2009 // Franchising.com // DAYTON, OH -- Franchise sales continue to grow at Instant Tax Service, a retail income tax preparation company recently ranked the #1 new franchise by Entrepreneur Magazine. As new recruits come on board, the franchisor has increasingly turned to innovative new training programs to help their franchisees succeed.

"The challenge we face in training our franchisees is that we operate a seasonal business," says Kyle Wade, Vice President of Franchise Development. "When franchisees come in for training during the summer, most of our stores are closed. This makes it difficult for franchisees to experience a real-world customer interaction."

So, Wade and Sheila Bailey - the company's Training Director - decided to bring the customers to its franchisees...

September 01, 2009 // Franchising.com // DAYTON, OH - Inc. magazine ranked Instant Tax Service #93 on its 2009 top 500 fastest-growing privately-owned companies list.

"We've been a top pick among Entrepreneur Magazine's Franchise 500 for years," says Fez Ogbazion, CEO of Instant Tax Service, "but this is the first time we've ranked with Inc. magazine. It's been gratifying to receive so much recognition from the business community."

According to Jane Berentson, editor of Inc. magazine, the list initially debuted in 1991 with the 100 fastest growing private U.S. companies. It then expanded the following year to the Inc. 500 and again in 2007 to the Inc. 5000. The list, she says, has served as evidence of the significant accomplishments of entrepreneurial companies...

There's at least one job position in the current economy that shows no signs of distress: the entrepreneur. August 17, 2009 // Franchising.com // Instant Tax Service®, Entrepreneur Magazine's #1 new franchise, has reported an increase in franchise sales this year over last, and has already executed franchise agreements or accepted deposits from 70 new franchisees in 124 new territories.

"We're only halfway through our franchise sales season," says Brook Wise, Vice President of Franchise Recruitment, "but this year's numbers have already surpassed our expectations. A lot of motivated, entrepreneurial people are having a tough time getting back into the job market. For these people, going into business for themselves is an excellent alternative to the uncertain job market...

DAYTON, Ohio, April 1 /PRNewswire/ -- Instant Tax Service(R), ranked the number one new franchise by Entrepreneur magazine in 2009, is helping customers navigate the latest tax breaks and credit enhancements resulting from President Obama's new stimulus plan. Using an experienced tax professional who's knowledgeable of the most current tax laws will help consumers maximize their refund and is one of the fastest, easiest ways to reduce tax season stress.

Some of the ways the Stimulus Package benefits taxpayers include:
1. Making Work Pay For 2009 and 2010, the Making Work Pay provision of the American Recovery and Reinvestment Act will provide a refundable tax credit of up to $400 for working individuals and $800 for married taxpayers filing joint returns...

DAYTON, Ohio, Jan. 30 /PRNewswire/ -- Instant Tax Service(R), ranked the number one new franchise by Entrepreneur magazine in 2008 and 2009, offers quick tips to help navigate the winding road of tax preparation. Using an experienced tax professional knowledgeable of current tax laws will help consumers get the maximum refund they are entitled to and is one of the fastest, easiest ways to reduce tax season stress.

"In today's economic climate, knowing the facts about tax preparation could mean more money in your pocket," said Fez Ogbazion, CEO of Instant Tax Service. "Instant Tax Service's experienced income tax professionals know the right questions to ask to ensure our customers receive the maximum refund they're entitled to by law...

DAYTON, Ohio, Jan. 15 /PRNewswire/ -- Instant Tax Service, ranked the number one new franchise by Entrepreneur magazine in 2008 and 2009, announced today families can now pre-register for 2009's Toys for Tots giveaway when they file their taxes at participating Dayton Instant Tax Service locations.

Customers have from now until April 15th to file their taxes. When they file with Instant Tax Service, they can request to be pre-registered for this year's Toys for Tots giveaway. Families will also be able to pre-register later this year through the usual Toys for Tots pre-registration process.

Six Dayton area Instant Tax Service locations acted as distribution centers for the Toys for Tots giveaway in 2008. Both Instant Tax Service and Toys for Tots hope to continue the partnership next year...