Liberty Tax Service's COO Named to CERCA's Board of Directors.Business Editors VIRGINIA BEACH Virginia Beach, resort city (1990 pop. 393,069), independent and in no county, SE Va., on the Atlantic coast; inc. 1906. In 1963, Princess Anne co. and the former small town of Virginia Beach were merged, giving the present city an area of 302 sq mi (782 sq km). , Va.--(BUSINESS WIRE)--March 12, 2002 Liberty Tax Service announced today that its Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. has been named to the Board of Directors of the Council for Electronic Revenue Communication Advancement, Inc. (CERCA CERCA Center for Education and Research in Cosmology and Astrophysics ). CERCA is a leading non-profit tax industry association whose goal is to increase the electronic information exchange between the tax industry and government revenue agencies. The Internal Revenue Service has a Congressional mandate to receive 80% of all tax returns in an electronic format by 2007. "This goal can best be reached by ensuring that the programs are designed to provide a win-win result for the revenue agencies, the tax industry, and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , the American taxpayer," said Holt. "CERCA will play an important role in reaching these goals, and I believe that my experience in both the private and public sectors will be most valuable." Holt has a vast array of tax industry experience including 23 years with the Internal Revenue Service. During part of this tenure, Holt held the position of Chief, Operations and Marketing Branch, Electronic Filing Project Office. He was largely responsible for the development of the electronic filing project, which has revolutionized the income tax preparation industry. Holt also held the positions of Vice President of Product Development and General Manager with Nelco, Inc. Nelco is the leading provider of non-aligned electronic filing services, laser forms and office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). in the tax industry. Liberty Tax Service is the fastest growing international tax service, with 640 offices operating in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. In four short years, Liberty Tax Service has grown to the size it took the other national tax franchises ten years to realize. The company specializes in computerized tax preparation, electronic filing, and refund anticipation loans A (Tax) Refund Anticipation Loan (RAL) is a high interest rate short-term loan secured by a taxpayer’s expected tax refund. United States In the United States, the taxpayer commonly applies for the loan through a paid tax preparation firm. . In the January 2002 issue, Liberty Tax Service was ranked as #50 on Entrepreneur magazine's list of top franchises. Black Enterprise named the Liberty Tax Service franchise opportunity as one of the most affordable in its September 2001 issue. The Liberty Tax Service web site is www.libertytax.com |
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