The Top 10 Tax Firms:
From our ranking of the Top 100 Firms, here are the top firms and companies in the tax profession.
ACCOUNTING TODAY STAFF | MARCH 24, 2011
By and large, it was not a great year for tax firms. Two of the three biggest tax prep chains, H&R Block and Jackson Hewitt, reported noteworthy declines in revenue, citing problems with refund anticipation loans and sustained unemployment among their core client bases. (That said, the other major chain, Liberty Tax, continued its relentless growth, and surpassed Jackson Hewitt for the first time to become the No. 2 chain in the country.) For firms that provide a wider range of tax services, the results were mixed, a combination of mostly minor declines in revenue and the odd slight uptick—with the notable exception of Texas-based tax services firm Ryan, which managed growth of over 10 percent, aided, in part, by its expertise in international tax issues.
Liberty, under CEO John Hewitt,
achieved a 20.29 percent increase in
revenue over the previous year. The tax prep
chain has 3,359 offices.
Liberty Tax Service®, based in Virginia Beach, Va., realized $291.69
million in revenue from tax. The company earns 100 percent of
its revenue from tax. Liberty, under CEO John Hewitt, achieved a
20.29 percent increase in revenue over the previous year. The tax
prep chain has 3,359 offices.