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John Hewitt purchased Mel Jackson's Tax Service and began to offer refund anticipation loans in 1988, building a national franchise out of the idea: Jackson Hewitt Tax Service. In 1989 H & R Block joined in, coopting into thousands of accounting firms and tax practices across the United States and becoming a billion-dollar industry.
Santa Barbara Tax Products Group processes tax refund-related financial products on behalf of University National Bank, [5] [6] servicing U.S. taxpayers through partnering tax professionals including Jackson Hewitt Tax Service, [7] and online tax preparation software providers including Turbo Tax. [8] [9]
Jackson Hewitt was founded in 1982 by John Hewitt with a variety of investors who purchased the six-location, Norfolk, Virginia-based Mel Jackson's Tax Service and renamed it Jackson Hewitt. [6] For the next few years, the company grew slowly, adding a handful of additional outlets.
Continue reading → The post Jackson Hewitt vs. H&R Block appeared first on SmartAsset Blog. If you're leaning toward letting someone else do your taxes, some of the top options include Jackson ...
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