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Higher Volume of Tax Returns Expected This Year As More Students Than Ever Work While Studying To Combat Soaring Tuition Costs

Tuesday, September 23, 2003 9:00 AM
Careers/Money
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TaxBrain(TM) Provides Smart Online Service to Ensure Much-Needed Refunds Are Quickly Received

TRACY, Calif.--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--Sep 23, 2003--Petz Enterprises, Inc. (PEI) producers of the popular TaxBrain (TM) Online Tax Center (www.taxbrain.com), urge the growing number of working students to file their taxes using the Internet, subsequently speeding-up receipt of desperately needed tax refunds.

Citing rising tuition fees as a reason why greater numbers of students than ever before are working to supplement student aid, Leroy Petz Sr., President of Petz Enterprises commented, ''More and more students are having to work to get through college. Recent figures produced by The State Public Interest Research Groups (PIRG) indicated that of all full-time students, 74% worked while attending school. We believe that this figure has and will continue to rise as the ratio of aid to tuition continues to change. The good news of course, is that most college students have Internet access.''

The report, based on the National Postsecondary Student Aid Survey (NPSAS), indicates that 63% of all full-time working students who worked 2-plus hours per week believed they could not afford college if they did not work.

''As a consequence of forced employment, increasing numbers of students have money deducted from their hard-earned wages - money they can only reclaim by filing a tax return (typically a form 1040EZ),'' he continued.

Petz added, ''TaxBrain enables students with Internet access to complete and file a tax return in an average of thirty minutes. Our system calculates any federal tax refund due to the individual, which is then received within ten working days either by check or electronic transfer. This enables students to plan on tax refunds and receive their money at the first opportunity.''


About TaxBrain(TM)

TaxBrain is a full service online tax center providing tax advice, tools, and resources all year to help taxpayers manage their tax burden with greater confidence and ease. TaxBrain is the only web-based tax solution that delivers online preparation, filing, professional assistance and representation for taxpayers in all 50 states. Launched in 2000, TaxBrain delivers the vision of a fully integrated tax center that accommodates the schedule and needs of the busy American lifestyle. In 2002, TaxBrain emerged as one of the most popular services for online tax preparation and filing available on the web. For more information, visit www.taxbrain.com.


About Petz Enterprises, Inc.

Petz Enterprises, Inc. (a closely held California corporation, PEI) is a leading provider of tax preparation and filing solutions for the professional and consumer markets helping to automate and simplify federal, state and local tax compliance. PEI`s CrossLink(TM) line of professional tax software products enable tax practitioners and service bureaus to accurately prepare and file large volumes of individual tax returns. Founded in 1974, and based in Tracy, California, PEI is dedicated to serving the needs of professional tax practitioners and individual taxpayers nationwide. For more information, visit www.petzent.com.


Source: Petz Enterprises

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