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Jackson Hewitt

Nation's leading tax-preparation service.

Headquarters:3 Sylvan Way Suite 301
Parsippany, NJ 07054
Employees: 355
CEO: Harry Buckley
Stock Symbol: JTX

Website: http://www.jacksonhewitt.com

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Jackson Hewitt is a full-service provider of tax preparation for federal and state income tax returns with over 6,300 franchised and company-owned locations across the country. It is the second largest tax preparer behind H&R Block.

The company provided in-store tax returns at retail stores including select Walmart locations and also via its online website. Jackson Hewitt prepares over 2 million tax returns each year.

The company reported revenues of $248.3 million in fiscal 2009 with net income of $19.4 million.

History

Jackson Hewitt was founded in 1982 by John Hewitt, a former employee of H&R Block.

In January 1998, The Cendant Corp. purchased Jackson Hewitt in a deal valued at approximately $480 million. In 2004, Jackson Hewitt Tax Service Inc. was spun off as a separate company.

Updated March 22, 2010