The Income Tax School Nominated as a Greater Richmond Company to Watch

Richmond, VA –- October 2, 2008 –  The Income Tax School has been nominated as a 2008 Greater Richmond Company to Watch (GRCTW), an annual event recognizes a select group of innovative companies with high growth potential.

According to the GRCTW sponsor, The Venture Forum, “Greater Richmond Companies to Watch were chosen for their ambition to disrupt an industry, introduce major innovations, and take the risks to succeed spectacularly.  Unlike other awards that are based on historical activities, Companies to Watch is a forward-looking list of area businesses deemed to have the potential to become national leaders and become significant contributors to the area economy.  Our alumni have been named National Small business Person of the Year, Featured by Martha Stewart, raised capital, and made significant contributions to the Richmond community.”

The Income Tax School (ITS) is the nation’s premier provider of tax education for tax preparers and accounting professionals.  ITS’s real-world curriculum is developed by tax industry professionals and managers and delivered nationwide via both e-learning and live classroom instruction.

Currently, tax preparers are regulated only in California, Oregon and, beginning in 2009, Maryland.  However, imminent Federal legislation will require IRS to regulate tax preparers nationwide, which will create great demand for the education provide by ITS.  The Income Tax School currently is a provider of the required education in California and Oregon and is preparing to capitalize on the substantial nationwide market opportunity that will be presented by IRS licensing.

About The Income Tax School:

The Income Tax School (ITS) was founded in 1990 by Charles E. McCabe who serves as its President and CEO.  ITS is certified as a private career school by the State Council of Higher Education for Virginia (SCHEV).  The School currently offers some 35 online  income tax education programs, ranging from 3-hour Continuing Professional Education (CPE) seminars to 30-80 hour courses, as well as the prestigious ITS Chartered Tax Professional-CTP ® certificate program.  ITS provides e-learning nationwide to tax, accounting and financial services professionals.  ITS also publishes student textbooks and instructor guides for classroom instruction by firms that provide in-house tax training, as well as colleges and career schools.  Complete information can be found at:

Chuck McCabe