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CRWE News Wire Business News Industry Highlights: TaxMasters, Inc. (TAXS.OB), Jackson Hewitt Tax Services, NYSE: JTX

|Includes: IRSA Inversiones Y Representaciones S.A. (IRS), JHTXQ


TaxMasters, Inc. (TAXS.OB)

TaxMasters, Inc.TAXS.OB, the IRS tax relief company and a leading provider of tax representation services, announced recently that the Board of Directors has reappointed Major Fred Hackett as General Counsel and elected him Corporate Secretary.

Maj. Hackett returned from duty in July following a one-year tour of duty, serving with the National Guard’s 36th Sustainment Brigade, 36th Infantry Division at COB Adder, Tallil, Iraq. Maj. Hackett served as a Judge Advocate (Army lawyer) and Brigade Trial Counsel at COB Adder and was a driving force, along with support from TaxMasters’ CEO Patrick Cox, in coordinating a four-day tour across southern Iraq featuring performances from Texas musician Rick Trevino.

Ernest M. Palla accepted the roles of Corporate Secretary and General Counsel while Maj. Hackett served a one-year tour of duty in Iraq. With Maj. Hackett’s return, Mr. Palla will now serve as Assistant Secretary of TaxMasters.

TAXS engages in the resolution of Internal Revenue Service (NYSE:IRS) tax problems for customers in the United States and internationally. TAXS specializes in the resolution of disputes and assessments, and the settlement of tax liabilities.

Last Trade: 0.50

To learn more about TAXS visit: http://www.txmstr.com

 

jtxlogo Jackson Hewitt Tax Services, NYSE: JTX

Jackson Hewitt Tax Service(NYSE:R), JTX is an industry leader providing full-service individual federal and state income tax return preparation through approximately 6,400 franchised and company-owned offices throughout the United States.

Thanks to a new tax credit,qualifying small business owners can now reap tax benefits for providing health care to eligible employees. The Small Business Health Care Tax Credit is part of the Patient Protection and Affordable Care Act (Health Care Act) signed into law by President Obama on March 23, 2010. Starting with the 2010 tax year, employers that meet certain requirements are eligible for a nonrefundable tax credit of up to 35 percent of the qualifying costs of an employee’s health insurance.

Jackson Hewitt reminds small business owners to invest the time now to determine whether they may be eligible for this significant credit. To qualify, employers must have less than 25 full-time equivalent employees and must pay at least 50 percent of the cost of health coverage for each enrolled employee. The average salary for employees must also be less than $50,000 annually. Employers with no more than 10 employees and an average annual salary between $25,000 and $50,000 per employee will receive the highest percentage of credit.

Last Trade: 0.78

Please visit Jackson Hewitt's website for more information at: http://www.jacksonhewitt.com/

 

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Disclosure: TAXS, JTX