Liberty Tax Service Company Staffing Strategy

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Strategies to Staffing Liberty Tax Service Company

In a business, like Liberty tax service, the managerial process of crafting and executing a company’s strategy is ongoing and continuous. Implementing and executing a chosen strategy, must be done so efficiently and effectively. Although, staffing is the most demanding and time-consuming part of all the strategic management processes, a manager has to achieve operating excellence to the business if proficiency can be acquired. While Liberty Tax Service is going on its eighth tax season, and now has gained up to ten locations with seventy-five year around Tax preparers. In addition, marketers has become necessary to our company during this time in handling the increasing number of clients for …show more content…

E-filing was implemented by the IRS in September 2015, to take a fee out of the refund to avoid paying up front, and was successfully completed 9 months ahead of schedule. This process of consumers submitting their own tax returns over the internet through a software is somewhat impossible to contend with. The IRS has established a pre-approved tax preparation software to be accessed once the IRS begins accepting returns; thus, the taxpayer can file tax returns at their convenient time from at their place of work or residents. Another similar new arrival is the refundable loans, which can expedite your tax refund sooner. This refund is disbursed to the customer by a bank check printed at the tax office or direct deposit to the customer’s personal bank account. I'm not saying banks are that much better, but so many of these "services" are essentially additional taxes on the poor who already have trouble making ends meet. I find it criminal that the same financial services and resources available in more wealthy areas aren't available to the poor. Another such external force is placing new entrants on and already hard hit market share; for instance, the implementation of a new government tax policy, which eventually will decrease profitability for all firms in the Federal tax industry. These government regulations are also used by the government as a means to implement a governmental hidden cost for all tax services to spend their monies upholding them. Instead of creating expensive government initiatives, the government can create new regulations requiring businesses to carry out and bear the cost of such initiatives. The IRS has increased the due diligence requirements of preparers when preparing tax returns. Basically they are requiring