Every year, tens of millions of Americans walk into franchise tax preparation offices. The Big 3 – H&R Block, Jackson Hewitt, and Liberty, all have similar business models and offer similar levels of service at similar prices.
Here’s what you may not know: Nearly every single one of these tax franchise offices charges fees that are similar to, and sometimes higher than, what you’d pay to hire a CPA.
Let me explain why this matters, and why you should care.
Every fall, the Big 3 start advertising for their annual tax preparation training programs. For a small fee – usually a couple hundred