How do tax businesses (Jackson Hewitt, H&R Block, etc.) stay in business after April 15?
If tax returns end at that time, what do they do? Do they shut down their shops-- which I doubt? Are the employees just sent somewhere else? I just don't know what happens, afterward, that gives them enough income to afford paying for tax-people. I apologize, for I am very unknowing of anything tax-related.
Asked By: - 2/24/2012
Best Answer - Chosen by Asker
It depends. There are all types of tax preparation type jobs... More
Answered By: DKM - 2/24/2012
Additional Answers (6)
Taxes and tax returns are due year-round for many jurisdictions such as federal, state, and local entities. There are business and personal taxes that must be filed and deposited on annual, quarterly, monthly, semi-monthly, bi-weekly and weekly basis. Tax work is year round for most people especially the self-employed... More
Answered By: saltshaka - 2/24/2012
Those firms also supplement their staffs with part time staff during the crunch time, so those people only work and get paid for say 4 months out of the year for that company.
Answered By: tinman97prn - 2/24/2012
I work for H&R Block. We do taxes all year long. Some people put them off. The deadline for extensions is Oct. We also handle ITIN's, business taxes, and audits. We also do bookkeeping and notary services.
Answered By: Cathi K - 2/24/2012
you will find most of those companies close their offices after filing season is over, however, they have to keep the space rented because this type of business has to have a year long accessibility... More
Answered By: tro - 2/24/2012
Some Tax offices shut down, but premium offices stay open for year round service. Believe it or not, people file their taxes after April 17th. They get extensions..
Answered By: Timothy - 2/24/2012
Jackson Hewitt shuts down all offices/kiosks at the end of the season except the main branch offices. Mostly they expect to make enough during tax season to carry their expenses for the other 8 months of the year.
Answered By: Jess - 2/25/2012
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