Liberty Tax Service appears to be happy with the results of its trial consumer tax loan program during this year's tax season. However, John Hewitt, CEO of the nation's third largest retail chain, said he would not reveal plans for the 2013 season until later because of competitive issues.
"We are ahead of the competition in consumer finance programs," John Hewitt, CEO of Liberty's parent, JTH Holdings, said during a recent earnings webcast. The webcast was held because JTH's stock is now publicly traded. While the company postponed a planned public offering, it decided that the number of shareholders that JTH has meant it needed to comply with SEC rules.
TaxWorks, marketed by RedGear Technologies, had also said it would provided a consumer program, the Tax Season Cash Advance, through the Schear Lending Group and Atlas Financial Services.
