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Liberty Tax history
Liberty Tax company history timeline
On September 1, 1997, Canadian tax franchisor U&R Tax Depot was acquired.
In 1998, the company opened five offices in the United States and became Liberty Tax Service®.
Liberty has also been ranked as one of the top franchise opportunities on Entrepreneur magazine’s annual Franchise 500 every year since 1998.
Every year since 2011, Liberty Tax® has been named a "Franchisees’ Choice" award winner by the Canadian Franchise Association.
Notably, in January of 2014, the company and its CEO at the time, John T. Hewitt, received complaints that franchisees had prepared tax returns with potentially false EITC claims linked to HSH income.
In 2016, Liberty Tax conducted an onsite compliance review of one franchisee and found errors in over 80% of the EITC files.
The company gave the franchisee a failing EITC compliance grade but did not terminate him until the government initiated a civil enforcement action in 2018.
For more information about return preparer fraud, check out IR-2019-32.
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Liberty Tax competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Jackson Hewitt | - | - | 305 | 2,073 |
| Instant Tax Service | - | $5.3M | 165 | - |
| Colbert/Ball Tax Service | - | $2.5M | 102 | - |
| Community Tax | 2010 | $13.0M | 158 | 15 |
| Amscot | 1989 | $350.0M | 2,000 | 14 |
| The Financial Clinic | 2006 | $740,000 | 50 | - |
| Accutax, Inc. | - | $1.3M | 25 | - |
| Hassle Free Taxes | 2013 | $5.2M | 375 | - |
Liberty Tax history FAQs
Zippia gives an in-depth look into the details of Liberty Tax, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Liberty Tax. The employee data is based on information from people who have self-reported their past or current employments at Liberty Tax. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Liberty Tax. The data presented on this page does not represent the view of Liberty Tax and its employees or that of Zippia.
Liberty Tax may also be known as or be related to Liberty Tax, Liberty Tax Inc, Liberty Tax Inc., Liberty Tax Service and Liberty Tax, Inc.