BNET Industries
Market Cap:$147.0M
Last Fiscal Year Sales:$278.5M
- Public
- US
Dow Jones Description
Jackson Hewitt Tax Service Inc. provides computerized preparation of federal, state and local individual income tax returns in the United States through a nationwide network of franchised and company-owned offices operating under the brand name Jackson Hewitt Tax Service ® . We provide our customers with convenient, fast and quality tax return preparation services and electronic filing of their tax returns. In connection with their tax return preparation experience, our customers may select various financial products to suit their needs, including refund anticipation loans (RALs). Jackson Hewitt, the Company, we, our, and us are used interchangeably in this report to refer to Jackson Hewitt Tax Service Inc. and its subsidiaries, appropriate to the context. We are the second largest paid individual tax return preparer in the United States based upon the number of individual tax returns prepared and filed with the Internal Revenue Service (IRS). In 2008, our network consisted of 6,763 franchised and company-owned offices and prepared 3.39 million tax returns excluding Economic Stimulus Program (ESP) tax returns (3.46 million total tax returns). We estimate our network prepared approximately 4% of all tax returns prepared by a paid tax return preparer (paid tax return preparer market). We had total revenues for 2008 of $278.5 million which consisted of fees paid by our franchisees, service revenues earned at company-owned offices and financial product fees. ...
Director, President and Chief Executive Officer
Michael YeringtonNumber of Employees 429
Peer Companies
NAICS Code Tax Preparation Services: 541213
Recent Events
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Jackson Hewitt Tax Service Narrows Losses
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IBM Analytics to Provide Real-Time Analysis and Delivery of Tax Information for Jackson Hewitt Tax...
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Jackson Hewitt to Report Fiscal 2010 Second Quarter Results on December 9, 2009
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Ti-County Tech offers tex-preparers' classes
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Highlights From JTX's Q1 Conference Call: Company Simply Hasn't Gotten Job Done Over Past Two...
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STOCKS NEWS US-NCI Building draws likely call sellers
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STOCKS NEWS US-Jackson Hewitt downgraded at Oppenheimer
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Jackson Hewitt Tax Service Q4 Profit Declines - Quick Facts
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Jackson Hewitt JTX Reports Mixed Q4 Results
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Jackson Hewitt Reports Fiscal 2009 Annual Results
News & Analysis
Filter by
financial and jackson hewitt tax services inc. - All News and Analysis
Jackson Hewitt Rises in Its Off Season
Ockham Research submits: America’s second largest tax preparation firm, Jackson Hewitt JTX, reported a narrower loss in fiscal 2010 second quarter. The first two quarters of the year are always tough for tax firms because of the cyclical nature of their business. However, the better than expected report...
Jackson Hewitt: Upside Strategy Emerging
optionMONSTER submits: By David Russell Jackson Hewitt Tax Service JTX has been left out of the market's rally since mid-August, and now the bulls are looking for the stock to catch up. by optionMONSTER
Jackson Hewitt Tax Service Inc. F1Q10 (Qtr End 07/31/09) Earnings Call Transcript
Jackson Hewitt Tax Service Inc. JTX F1Q10 Earnings Call Transcript September 3, 2009 8:30 am ET
Jackson Hewitt: Is There Value in the Current Stock Price?
Steve Alexander submits: Jackson-Hewitt Tax Service JTX is the second largest "brick-and-mortar" tax preparation firm, trailing only H&R Block HRB in returns filed. The company operates primarily on a franchising model, where franchisees open locations and pay royalty and advertising fees back to the parent, although recently the company has...
Jackson Hewitt: Unemployment, Electronic Alternatives Muddle Outlook
The Manual of Ideas submits: Jackson Hewitt JTX plays in a stagnant market and has suffered from bad execution. If the company can return to its historical pattern of gaining share versus CPAs, it should be able to grow modestly for some time. Improved execution during the FY09 tax season,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael Yerington | Director, President and Chief Executive Officer |
| Daniel P O Brien | Executive Vice President, Cfo & Treasurer |
| Doug Foster | Senior Vice President, Chief Marketing Officer |
| Mark L. Heimbouch | Senior Executive Vice President, Coo |
| Perb Fortner | Executive Vice President, Franchising Operations |
| Steven Barnett | Executive Vice President, General Counsel and Secretary |
| Duane R. Mora | Senior Vice President, Franchise Operations and Sales |
| Jeanmarie Cooney | Senior Vice President, Strategic Development |
| Mikael Thygesen | Senior Vice President, Business Development, Simon Brand Ventures |
| Peter N. Karpiak | Senior Vice President, Human Resources and Corporate Services |
| Peter Tahinos | Senior Vice President, Marketing |
| Richard P. Enchura | Senior Vice President & President, Tax Services of America, Inc. |
| William Scavone | Senior Vice President, Franchise Sales & Admin & Development |
| David G Weselcouch | Vice President of Treasury and Investor Relations |
| David Kraut | Vice President, Treasury & Investor Relations |
| Mark Steber | Vice President of Tax Resources |
| Sheila Cort | Vice President, Corp Communications |
| Susan J. LoFrumento | General Counsel & Vice President |
| William SanGiacomo | Group Vice President, Financial Products |
| Allison Jackson | Senior Manager, Communications |
| Jackson Hewitt | Manager |
| Sonji Blount | Associate Brand Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Louis Salvatore | Chairman |
| James C. Spira | Board of Directors |
| L Ulysses Jr | Board of Directors |
| Rodman L. Drake | Board of Directors |
| Ulysses L. Bridgeman | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Director, President and Chief Executive Officer | Current |
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
| Global Business Development, LLC. | President | Former |
| Jackson Hewitt Tax Service Inc. | COO & Executive Vice President | Former |
| First Data Corporation | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Executive Vice President, Cfo & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President, Chief Marketing Officer | Current |
| Freshloc Technologies, Inc. | Chief Marketing Officer | Former |
| Freshloc Technologies, Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Executive Vice President, Coo | Current |
| Teranex, Inc | Chief Financial Officer | Former |
| Jackson Hewitt Tax Service Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Executive Vice President, Franchising Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Executive Vice President, General Counsel and Secretary | Current |
| NRT Inc. | Executive Vice President | Former |
| Paragon Financial Corp | Executive Vice President | Former |
| Jackson Hewitt Tax Service Inc. | General Counsel, Senior Vice President & Secretary | Former |
| Paragon Financial Corp | General Counsel | Former |
| Paragon Financial Corp | Secretary | Former |
| NRT Inc. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President, Franchise Operations and Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President, Strategic Development | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President, Business Development, Simon Brand Ventures | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President, Human Resources and Corporate Services | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President & President, Tax Services of America, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Vice President, Franchise Sales & Admin & Development | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Vice President of Treasury and Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Vice President, Treasury & Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Vice President of Tax Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Vice President, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | General Counsel & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Group Vice President, Financial Products | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Senior Manager, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Manager | Current |
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Associate Brand Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Chairman | Current |
| Crystal River Capital, Inc. | Board of Directors | Current |
| Andersen Worldwide | Chief Executive Officer | Former |
| Andersen Worldwide | Interim Managing Partner | Former |
| Fordham University | BS | Former |
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Alaris Consulting | Advisory Director | Current |
| Brulant, Inc. | Chairman | Current |
| CIBER, Inc. | Chairman | Current |
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
| American Greetings Corporation | Board of Directors | Current |
| American Greetings Corporation | Chief Executive Officer | Former |
| American Greetings Corporation | President | Former |
| CIBER, Inc. | President | Former |
| American Greetings Corporation | Chief Operating Officer | Former |
| CIBER, Inc. | Chief Operating Officer | Former |
| The Tranzonic Companies | Group Vice President | Former |
| DiamondCluster International, Inc. | Managing Director | Former |
| Diamond Management & Technology Consultants, Inc. | Managing Partner | Former |
| DiamondCluster International, Inc. | managing partner | Former |
| American Greetings Corporation | Chairman of the Board | Former |
| CIBER, Inc. | Director | Former |
| Brulant, Inc. | Director | Former |
| Wharton Graduate School of the University of Pennsylvania | Master of Business Administration Degree | Former |
| Hobart and William Smith Colleges | Master of Business Administration Degree | Former |
| Hobart and William Smith Colleges | Bachelor of Arts Degree In History | Former |
| American Greetings Corporation | Team Member | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Managing Partner | Current |
| The Student Loan Corporation | Chair, Audit Committee | Current |
| Celgene Corporation | Board of Directors | Current |
| Crystal River Capital, Inc. | Director | Current |
| The Student Loan Corporation | Board of Directors | Current |
| Excelsior Funds, Inc | Director | Current |
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
| Pharmion Corporation | Board of Directors | Current |
| Parsons Brinckerhoff Inc. | Board of Directors | Current |
| Lead Discovery | Board of Directors | Current |
| Pharmion Corporation | Committee Member | Current |
| Celgene Corporation | Member of the Audit Committee | Current |
| Multiple Myeloma | Committee Member | Current |
| Rare Diseases Clinical Research Network | Committee Member | Current |
| Cresap Incorporated | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
Executive News
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Stocks in the Spotlight Thursday
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UPDATE 2-Jackson Hewitt Q4 profit falls, shares slump
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Jackson Hewitt (JTX) Reports Mixed Q4 Results
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UPDATE 1-Jackson Hewitt Q4 revenue, profit fall
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Jackson Hewitt Tax Service Q4 Profit Declines - Quick Facts
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Jackson Hewitt Reports Fiscal 2009 Annual Results
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Jackson Hewitt's Profit Slides
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Mid-Year Marks Time For Personal Tax Review
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Mid-Year Marks Time For Personal Tax Review
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