Liberty Tax Service (fee, CPA, agent, pay)

[Boompa]

Anyone know anything about Liberty Tax service as a Franchise?

[desertsun41]

Other then hiring school kids for less then minimum wage to dress like a complete clown with spikes on their head while swinging signs and causing a danger to motorists?

They train anyone who wants to pay a fee to get training on basic tax returns to work for them part time just like Jackson Hewitt and HR Block. Same basic service, just a different company. None of them are tax professionals. They are just average Joes who took a basic class on tax preparation.

Personally I would not go to a Liberty just because of those complete idiots wearing the rags and spikes on their skulls.

[Boompa]

Originally Posted by desertsun41

Other then hiring school kids for less then minimum wage to dress like a complete clown with spikes on their head while swinging signs and causing a danger to motorists?

They train anyone who wants to pay a fee to get training on basic tax returns to work for them part time just like Jackson Hewitt and HR Block. Same basic service, just a different company. None of them are tax professionals. They are just average Joes who took a basic class on tax preparation.

Personally I would not go to a Liberty just because of those complete idiots wearing the rags and spikes on their skulls.

It's a Franchise which my daughter was thinking of buying in to. I was advising her against it. I'm still hoping someone who has dealt with them as a franchisee is on board here

[Bette]

I know of someone who bought a franchise, was open for about a year, and lost a lot of money.

If you daughter is a CPA or an enrolled agent, she will do better that way.

[Boompa]

Originally Posted by Bette

I know of someone who bought a franchise, was open for about a year, and lost a lot of money.

If you daughter is a CPA or an enrolled agent, she will do better that way.

From what I am picking up on the internet it is an expensive franchise loaded with costs for the amount it brings in

[killer2021]

The only benefit is the little tax course they offer because it will give you the 60hrs requirement for CTEC. After that open your own business and just start word of mouth advertising it. Then charge less to prepare the returns compared to CPAs and HR/Liberty. Who would you rather go to, the guy charging 130 or the person charging 100? People will tell their friends about you and that is where you start to make some decent money. Its fairly easy to do 500+ returns in one season. Sounds difficult but when you factor in that a tax program will be doing all the work for you it starts to get really easy.

I just laugh at these people working at liberty or H&R. They could make some decent cash if they started their own business.

Also don't waste your time on any tax franchise, its a complete waste. Its so easy to start a tax business, so easy. If you want a good laugh, just read john hewitt's biography on wikipedia. He started at H&R Block as a tax preparer then built his own tax software in the 1980s then spun it off as john hewitt. Then he sold it and started a whole new tax franchise called liberty tax. I'm sure he'll eventually sell liberty tax and then spin off another tax company!

[Boompa]

Originally Posted by killer2021

The only benefit is the little tax course they offer because it will give you the 60hrs requirement for CTEC. After that open your own business and just start word of mouth advertising it. Then charge less to prepare the returns compared to CPAs and HR/Liberty. Who would you rather go to, the guy charging 130 or the person charging 100? People will tell their friends about you and that is where you start to make some decent money. Its fairly easy to do 500+ returns in one season. Sounds difficult but when you factor in that a tax program will be doing all the work for you it starts to get really easy.

I just laugh at these people working at liberty or H&R. They could make some decent cash if they started their own business.

Also don't waste your time on any tax franchise, its a complete waste. Its so easy to start a tax business, so easy. If you want a good laugh, just read john hewitt's biography on wikipedia. He started at H&R Block as a tax preparer then built his own tax software in the 1980s then spun it off as john hewitt. Then he sold it and started a whole new tax franchise called liberty tax. I'm sure he'll eventually sell liberty tax and then spin off another tax company!

Thanks,
I think I have convinced my offspring that this is not the opportunity of a lifetime. There are already a dozen tax services in the small town she lives in and two of them are JR Hewitt. The fact that they would try to sell her a franchise within two blocks of a JR Hewitt tells me that they are about selling franchises not growing a business.

[UpperPeninsulaRon]

Originally Posted by Bette

If you daughter is a CPA or an enrolled agent, she will do better that way.

Since you brought up enrolled agent, what is the latest on requiring all tax preparers have enrolled agent status? I think that thinning out the field would help business for the rest of us.