Instant Tax Service

rdf:langString Instant Tax Service

rdf:langString Instant Tax Service was, until a federal court ordered its closure as part of a fraud lawsuit, based out of Dayton, Ohio, and specialized in tax preparation, electronic filing, and refund anticipation loan services. Founded in 2000 by Fesum Ogbazion, the company was the second venture for Ogbazion, who cut his teeth in the tax industry with the founding of Instant Refund Tax Service in Cincinnati, OH in 1994. Ogbazion sold Instant Refund Tax Service to Fortune 500 giant Jackson Hewitt in 1999 and used the proceeds from the sale to start Instant Tax Service. In 2009, Instant Tax Service was ranked #93 on the nation's top 500 fastest growing companies list by Inc. Magazine. The company also ranked #1 on Entrepreneur Magazine's Top New Franchises list and the #1 lowest cost franchise in the United States in 2009. Federal courts later ordered the closure of Instant Tax Service after prosecutors sought an injunction, alleging fraud.