Jackson Hewitt's Top 5 Reasons to File Now

From Getting Your Money Sooner to Preventing Identity Theft, It is Advantageous to Tackle this Annual Task Today

PARSIPPANY, N.J., March 12, 2012 // PRNewswire // -- According to Internal Revenue Service data, over 51 million people filed a tax return by this time a year ago*. Even though over 75 percent of taxpayers who filed received a tax refund -- the average being nearly $3,000 -- many chose to wait until the tax filing deadline to tackle this important annual task. While the 2012 filing deadline of April 17 may seem far off, there are clear incentives to completing a tax return now, according to Jackson Hewitt Tax Service®.

"There is no real advantage to waiting to file a tax return because, even if you owe taxes, you can delay making a payment until April 17," said Mark Steber, chief tax officer, Jackson Hewitt Tax Service Inc. "The top advantage of filing now, assuming you have a refund coming to you, is to receive your refund sooner, rather than later. Early filing has the added advantages of discouraging identity theft and avoiding the last minute crunch."

Steber cites five key reasons to get started filing a 2011 tax return:

1.  It's Your Money - Get It Back: Although the economy appears to have shown signs of improvement, many Americans continue to struggle. Since three out of four taxpayers will receive a refund from Uncle Sam, filing now means getting those much needed dollars sooner;

2.  Discourage Identity Theft: Once your tax return has been filed, your Social Security number can't be reused to file a return, thereby discouraging identity theft. With identity theft on the rise, it makes sense to try to avoid becoming part of a growing problem. In fact, the IRS protected more than $1.4 billion of taxpayer funds from getting into the wrong hands due to identity theft in 2011**;

3.  It's Easy: For many taxpayers who choose to work with a paid tax preparer, the process is not time consuming. A taxpayer with a relatively simple return, and with good records in hand, can plan on spending about an hour with a preparer to check off this annual responsibility;

4.  No Delays: Despite some earlier processing issues at the IRS, all systems are moving smoothly now, with refunds being processed within the historical range of 10 to 21 days; and,

5.  Avoid the Last Minute Crunch: Every year, thousands of taxpayers wait until the last minute to file. Making an appointment now ensures that you have the chance to meet with a neighborhood preparer at a time that is convenient for you, and removes the need to sit in a crowded lobby or stand in a long line on April 17.

To find a nearby Jackson Hewitt® office, please visit www.jacksonhewitt.com or call 1-800-234-1040.

*http://www.irs.gov/newsroom/article/0,,id=237562,00.html

**http://www.irs.gov/newsroom/article/0,,id=254383,00.html

About Jackson Hewitt Tax Service Inc.

Based in Parsippany, NJ, Jackson Hewitt Tax Service Inc. is an industry-leading provider of full service individual federal and state income tax preparation, with nearly 6,500 franchised and company-owned locations throughout the United States, including 2,800 located in Walmart stores nationwide. Jackson Hewitt Tax Service®also offers an online tax preparation product at www.jacksonhewittonline.com. For more information, or to locate your neighborhood Jackson Hewitt® office, visit www.jacksonhewitt.com or call 1-800-234-1040. Jackson Hewitt can also be found on Facebook and Twitter.

Contacts:

David G. Weselcouch 
Jackson Hewitt Tax Service Inc.
(973) 630-0809
david.weselcouch@jtax.com

Melissa Connerton 
CooperKatz & Company
(917) 595-3039
mconnerton@cooperkatz.com

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Chronic Tacos
Chronic Tacos is a California inspired authentic Mexican grill that celebrates the individuality of our customers. We have developed restaurants...
Learning Express
Learning Express is the nation's leading specialty toy store franchise - dedicated to providing toys that encourage learning through play, a...
Sky Zone
Sky Zone created, built and franchises the first of its kind wall-to-wall trampoline playing courts with unlimited purposes and endless possibilities.
WineStyles Tasting Station
Turn your passion for wine, craft beer and gourmet food into a rewarding business opportunity. WineStyles Tasting Station is the largest wine...
Bacon Bros. Public House
Bacon Bros. Public House prides itself on quality, locally sourced ingredients in addition to our award winning entrees, in-house smoked meats and...

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)