Tax Season Brings On-line Filing Options For Liberty Tax Service Customers

(Friday, January 13, 2006) - Liberty Tax Service has announced the implementation of an on-line tax filing product designed to make preparation and filing of tax returns even more convenient for taxpayers . Liberty On-Line debuts this Friday as the 2006 tax season gets underway. Friday, January 13 th 2006 marks the day that the Internal Revenue Service officially begins acceptance of electronically filed tax returns.

Commenting on the launch of this new program, John Hewitt, President and CEO of Liberty Tax Service said "According to the IRS, there were 133,933,000 tax returns filed in 2005, an increase of 1,733,000 from 2004. The market continues to grow and Liberty Tax Service is poised to create programs that will make the tax filing process more efficient and convenient for the tax paying population."

" Liberty On-Line is easy to use, comprehensive and intuitive," said Hewitt. The taxpayer simply follows the instructions and fills in the needed information. The software does the calculations and computes the refund or balance due." "If the taxpayer requires assistance, Liberty is offering 800 number support from our on site tax professionals as well as free audit assistance should the taxpayer be contacted by the IRS for an audit."

Not Your Ordinary Tax Software

The Liberty On-Line program handles returns from the simplest 1040 EZ to small business returns and everything in between. The system includes over 650 Federal and State income tax forms that will satisfy the filing requirements of over 98% of all taxpayers. Once the return is complete the taxpayer can then electronically file the return, request the refund to be directly deposited in their bank account, or obtain a refund anticipation loan. The process is fast, accurate and as always carries the Liberty Tax promise of satisfaction guaranteed.

The cost for preparing and filing federal and state returns starts at under $30 . Liberty On-line filing negates the hassle of purchasing and installing off the shelf tax software and offers the taxpayer the option of taking the tax return into one of Liberty's storefront locations if the return becomes too complicated to finish.

About Liberty Tax Service

Liberty Tax Service ( www.libertytax.com ) has over 2,000 offices operating in the United States and Canada. The company provides free tax advice and free checking of self-prepared returns at each office. In January 2006, Entrepreneur magazine ranked Liberty Tax Service in the top 10 on its Franchise 500 overall list of best franchises. CEO and Founder, John Hewitt, is the only person to have founded two of the top ten franchises in this year's rankings. Accounting Today magazine ranked Liberty fastest growing on its list of " Top 100 Tax and Accounting Companies " in March 2005.

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Liberty Tax Service
1716 Corporate Landing
Virginia Beach, VA

Phone: (757)493-8855
Toll Free: (800)880-6432
Fax: (757)493-0169

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