Liberty Tax Revs Pick Up in 2010

JLibertytax logoTH Tax, which owns the Liberty Tax operations, turned in an 8.7 increase in revenue for the year ended April 30, reversing the prior year's decline. And it was profitable, although its unsuccessful experience in offering an online tax preparation service took a dent out of the bottom line and net income fell by 9 percent from 2009. Still, the nation's third largest tax store franchisor had a far better year than its larger competitors H&R Block and Jackson Hewitt.

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