Liberty Tax Launches Cloud Bookkeeping Service, Liberty Accounting

Powered by Kashoo, New Bookkeeping Service Expands Offerings Available to Liberty Tax Franchisees and Empowers Small Business-Owning Customers to Take Control of Their Finances

VIRGINIA BEACH, VA - (Marketwired - Aug 26, 2014) - Liberty Tax, Inc. (NASDAQ: TAX) has launched Liberty Accounting ( The offering will help Liberty Tax franchisees provide a more expansive suite of financial services to their clients, in addition to tax preparation and filing. The integration of this product will help customers keep more accurate records, making the tax preparation process much easier.

Liberty Accounting is simple, fully featured double-entry accounting, designed to strengthen the collaborative relationship between Liberty Tax franchisees and their small business-owning customers. Because the offering is cloud-based, Liberty Tax franchisees will be able to serve their clients as truly trusted business advisors.

"Our goal is to help taxpayers and small business owners with the time consuming and confusing task of bookkeeping so that they can spend more time on those activities that will drive more revenue into their businesses," states Chad Corman, the Director of Operational Strategy for Liberty Tax Service.

Liberty Accounting is powered by Kashoo, makers of simple cloud accounting software for small business -- on the App Store's most downloaded iPad accounting app, the iPhone and the web. Kashoo currently helps nearly 200,000 small businesses spread throughout more than 180 countries take control of their business finances from anywhere, anytime.

"We're excited to be arming the Liberty Tax community with accounting software that can truly help them enhance the franchisee-client collaboration," said Kashoo CEO Jim Secord. "When the franchisee and the small business owner are able to look at the same data in real-time, great things can happen. That's the power of the cloud."

About Liberty Tax, Inc.

Founded in 1997 by CEO John T. Hewitt, Liberty Tax, Inc., formerly known as JTH Holding, Inc., is the parent company of Liberty Tax Service. Liberty Tax is the fastest-growing tax preparation franchise and has prepared almost 18 million individual income tax returns in more than 4,400 offices and online. Liberty Tax's online services are available through eSmart Tax, Liberty Online and DIY Tax, and are all backed by the tax professionals at Liberty Tax locations and its nationwide network of approximately 35,000 seasonal tax preparers. Liberty Tax also supports local communities with fundraising endeavors and contributes as a national sponsor for many charitable causes. For a more in-depth look, visit Liberty Tax Service and interact with Liberty Tax on Twitter and Facebook.

About Kashoo

With nearly 200,000 registered users in more than 180 countries, Kashoo is simple cloud accounting that gives small business owners control over their finances. Available on the iPad, iPhone and the web, Kashoo is true double-entry accounting that helps small business owners create and send invoices, capture expenses, generate reports, prepare for tax time, run payroll, collaborate with partners, accountants and bookkeepers, and more.

SOURCE Liberty Tax, Inc.

Media Contacts:

Martha O'Gorman
Liberty Tax Service
Chief Marketing Officer
(757) 301-8022

Greg Fandrick
VP of Marketing
(888) 520-5274


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