Americans Jump On the E-filing Bandwagon At Hdvest.com.Business Editors IRVING, TX--(BUSINESS WIRE)--April 13, 2000 Hdvest.com Becomes a Key Player in the Tax Preparation Arena, Processing Nearly 300,000 Tax Returns to Date - While Introducing a New Online Approach to Comprehensive Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against H.D. Vest, Inc. (Nasdaq: HDVS), the country's largest provider of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. through tax professionals, announced today that nearly 300,000 Americans have logged on to www.hdvest.com this tax season to prepare and e-file their income taxes absolutely free of charge. Hdvest.com is the only site where consumers can Web prepare and e-file their tax returns absolutely free - regardless of salary or form requirements. The success of hdvest.com's free online tax program is part of a growing trend: Americans have swiftly adopted the practice of Web-preparing and e-filing their income tax returns. IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. officials say that nearly half of all income tax returns received to date have been electronic - and that the number of returns filed by personal computers is up 95 percent from last year. As an e-filing partner with the Internal Revenue Service, H.D. Vest's free online tax preparation and e-filing program is helping the IRS meet the congressional mandate that 80 percent of all tax returns be e-filed by 2007. "We're very proud to have emerged, through hdvest.com as one of the leaders in online tax preparation and e-filing this year," says Herb Vest, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. and founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of H.D. Vest, Inc. "The feedback that we have received from consumers is that our site is extremely user-friendly and they especially like the price, which is FREE. The fact that our site has been extremely reliable from day one is a direct result of our commitment to customer satisfaction, security, and privacy at hdvest.com." The company's efforts to ensure privacy and security at hdvest.com have been widely acknowledged. H.D. Vest has received numerous security and privacy seals, including the Better Business Bureau's BBBOnline Privacy Seal, the CPA WebTrust Seal, and most recently, the TRUSTe Privacy Seal. "The TRUSTe seal has emerged as a symbol that consumers look for when deciding whether to do business with a Web site," says Bob Lewin, executive director and CEO of TRUSTe. "By attaining the TRUSTe Privacy Seal, H.D. Vest can assure customers that their personal information is secure." From Tax Preparation to Financial Planning Consumers who complete their tax returns at hdvest.com this year also receive a 1040 Analyst report(TM). The 1040 Analyst report provides a private, individual analysis of the consumer's tax return and offers suggestions for financial planning, as well as tips on reducing next year's tax bill. Also included with the 1040 Analyst report are instructions for locating a nearby H.D. Vest Online Affiliate via the Web site. To date, over 15,000 consumers have used the referral program on hdvest.com -- the Locate an Advisor Program -- to find an Online Affiliate near them. "Throughout H.D. Vest's history, the company has been a trendsetter trend·set·ter n. One that initiates or popularizes a trend: "The Golden State, ever the trendsetter, reformed its property tax" New York. in financial planning and has always viewed the tax return as the road map to financial independence," said Vest. "Our free online tax program has given hundreds of thousands of consumers a free and easy way to file their taxes while offering them the opportunity to explore safeguarding their financial futures financial futures Obligations to buy or sell particular positions in financial instruments. The features of financial futures are identical to those of any futures contract except that the asset for delivery is of a financial nature. with one of our expert financial planners." A Breadth of New Services at hdvest.com As part of H.D. Vest's effort to become the ultimate one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for comprehensive financial services on the Web, the company has recently launched several additional services including: -- Audit Alert(SM) Review Program - a free "review" of a consumer's tax return completed at www.hdvest.com. -- Locate an Attorney Program - giving online clients in 38 states access to local attorneys who can provide quality legal services. -- Paytrust.com - a strategic alliance offering online clients access to the Internet's premier bill-paying center. The most recent addition to the site, further establishing H.D. Vest as a leader in online financial services, is the strategic alliance with MBNA MBNA Monument Builders of North America MBNA Mercedes-Benz North America MBNA Maryland Bank, National Association MBNA Maryland Bank North America MBNA Mount Baker Nurses Association (Bellingham, Washington) America to provide an online application for the H.D. Vest Platinum Plus(SM) MasterCard(R) and online access to MBNA credit card statements. Now, consumers can apply for the H.D. Vest Platinum Plus MasterCard online at hdvest.com and also return there to view their monthly statements. "We are pleased by this alliance with H.D. Vest," says John Cochran This article is about the South African cricketer. For the U.S. Representative from New York, see John Cochran (general). John Alexander Kennedy Cochran (born July 15, 1909, Johannesburg, Transvaal, died June 15, 1987, Johannesburg, Transvaal) was a South African , chief marketing officer of MBNA America. "Their move to a consolidated financial services Web site is an important trend in the online community." About H.D. Vest, Inc. Headquartered in Irving, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to , H.D. Vest, Inc. (d/b/a H.D. Vest Financial Services) is the leader in the growing market for comprehensive financial services. Through a network of 8,000 affiliates, H.D. Vest manages over $16 billion in assets for individuals, families, and small businesses in all 50 states. The company's Web site, www.hdvest.com, enables consumers to prepare and e-file their tax returns for free, regardless of income. Taxpayers with broadband access can have their return prepared by an Enrolled Agent or Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. online using OnVEST(SM), H.D. Vest's online proprietary Web conferencing service. The Web site, hdvest.com, is part of an e-commerce portal being developed by the company that will offer customized products and services, both financial and non-financial. Consumers can access the full range of H.D. Vest's product and service offerings via the Internet, telephone, Web conferencing, or personal contact. H.D. Vest, Inc.'s common stock trades on The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol HDVS. Securities offered through H.D. Vest Investment Securities, Inc. Member: SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. , 6333 N. State Highway 161, Suite 400, Irving, TX 75038 (972) 870-6000. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in development, deployment and market acceptance of products, services and technologies and other risks detailed from time to time in H.D. Vest's filings with the Securities & Exchange Commission. |
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