Virgnia Beach, Virginia (PRWEB) February 12, 2013 - This year, American’s are expected to spend over a whopping $18 billion to celebrate the day of love, Valentine’s Day. With such a staggering amount of money being spent for just one holiday, Liberty Tax wanted to know exactly when, where, how and on what the money is being spent. And the results may surprise many. To view Valentine’s Day by the numbers go to http://www.libertytax.com/Valentines-Day-Infographic.aspx.
JTH Holding, Inc. (NASDAQ: TAX) is the parent company of Liberty Tax Service. As the fastest-growing tax franchise ever, Liberty Tax Service has prepared over 10 million individual income tax returns. Founded in 1997 by CEO John T. Hewitt, Liberty Tax Service is the only tax franchise on the Forbes“Top 20 Franchises for the Buck.”
According to the International Franchise Association’s Franchise Business Economic Outlook, the number of franchise units in the United States declined from 2009 until 2012. Currently there are approximately 27,000 fewer total franchise establishments operating in the United States than there were in 2008. (774,016 in 2008 compared to 746,828 in 2012). In spite of this downward trend, Liberty Tax Service increased its number of locations from 2,695 in 2008 to 4,183 in 2012.
Liberty Tax Service stands behinds community enrichment efforts by sponsoring various non-profit organizations and urging their employees and franchisees to give back to their communities. To extend that community support, Liberty also offers an online tax service, eSmart Tax, which enables some to do their own taxes wherever there’s a computer. eSmart Tax is backed by the tax professionals at Liberty Tax Service and its nationwide network of over 30,000 tax preparers, ready to offer their assistance at any time.
For a more in-depth look at Liberty Tax Service, visit http://libertytax.com or the Give Me Liberty! Magazine. Follow Liberty Tax on Facebook at http://facebook.com/LibertyTax and on Twitter at http://twitter.com/libertytax or check the blog at http://libertytax.com/taxlounge or contact Liberty Tax directly at 1-877-at-Liberty.
Chief Marketing Officer
Liberty Tax Service