TaxMasters (OTC BB:TAXS)
TaxMasters, Inc. is an IRS tax relief company committed to to helping clients with encounters with debt and tax problems. TAXS has made strong progress this year as the company continues to grow revenue and net income, as well as corresponding shareholder value.
The largest growth driver for TaxMasters has been the increasing number of taxpayers who have issues dealing with the IRS and who are out of tax compliance. The recession and rising unemployment has increased the number of at-risk Americans, those who are most likely to have the severe financial difficulty that causes problems meeting IRS obligations.
Total operating expenses for the first quarter of 2010 were approximately $9.9 million, an increase of 62.9% compared to $6.1 million for the same period in 2009. For the first quarter of 2010, the company reported net income from operations of approximately $1.5 million, an increase of approximately 20% compared to approximately $1.2 million for the same period in 2009.
TaxMasters, Inc. the IRS tax relief company, is the first publicly traded tax resolution firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Employing over 300 people, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax issues.
For more information please visit www.txmstr.com
Intuit Inc. (Nasdaq:INTU) recently reported that it has transformed its healthcare business by combining newly acquired Medfusion with its Quicken Health Group to create a new business unit called Intuit Health. Based in Cary, N.C., the group is committed to improving healthcare through innovative online connected services that make the clinical, administrative, and financial side of healthcare easier for everyone. Intuit Health’s patient-to-provider communication solutions extend the value of an electronic health record to give patients timely electronic access to their health information. It will also help providers qualify for the $44,000 per physician payment funded in the American Recovery and Reinvestment Act.
is a leading provider of business and financial management solutions for small and mid-sized businesses; financial service organizations; consumers and accounting professionals. Intuit Health also provides innovative online connected services that strengthen the provider-patient relationship.
For more information please visit www.intuithealth.com
Prudential Financial, Inc. (NYSE:PRU), recently reported that the company has honored six plan sponsors for redesigning their defined contribution retirement programs to assist plan participants in achieving a more secure retirement. This new retirement plans will cover Ply Gem Industries, the United Parcel Service (UPS), the State of North Carolina, Munters Corp, Bekaert Corp and EMC Insurance Companies. with this redesigned retirement plan Ply Gem has seen a 568 new enrollment participants in their 401 (k) plan. Ply Gem also added Prudential’s GoalMaker asset-allocation tool, a feature selected by 42 percent of plan members.
PRU a financial services leader with approximately $693 billion of assets under management as of March 31, 2010, has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management and real estate services. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century.
For more information please visit http://www.news.prudential.com
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