"Save $10 When You File Taxes"
New Offering From VisaŽ and TaxBrain

Tracy, CA, November 1, 2002-- Petz Enterprises, Inc., producers of the popular TaxBrain Online Tax Center™, and Visa, the largest consumer payment system, have teamed up to provide and $10.00 discount when filing using the TaxBrain.

According to Craig Petz, Vice President of Marketing, TaxBrain, "We are delighted to be able to offer Visa cardholders a substantial discount for using the TaxBrain Online Tax Center. If a tax filer uses the basic TaxBrain service for preparing and filing an IRS Form 1040EZ, the $10 saving makes the net cost only $9.95. By filing the return electronically, the taxpayer can receive their refund via direct deposit from the IRS in as little as 10 to 14 days."

Mr. Petz added, "The federal refund amount can also be obtained in as little as 1 to 2 days from the time of filing through the special TaxBrain loan program. Both options are a substantial improvement over the traditional wait of 4 to 8 weeks. Last season, more than 50% of TaxBrain's customers chose either a direct deposit refund or refund loan option."

Kellie Krug, Vice President Merchant Marketing Services, VISA USA said, "The TaxBrain™ Online Tax Center Visa discount offer is a great example of how we're bringing value to Visa cardholders in all facets of their lives." The offer itself will be available from January 1, 2003 through June 30, 2003 at the Visa.com shopping section.

About Visa

Visa is the world's leading payment brand. Visa-branded cards generate more than US$2 trillion in annual volume and are accepted at more than 24 million physical locations around the world, including more than 750,000 ATMs. The Visa organization plays a pivotal role in developing innovative payment products and technologies to benefit its 21,000 member financial institutions and their cardholders. Visa is a leader in Internet based payments and is pioneering the creation of u-commerce, or universal commerce-the ability to conduct commerce anywhere, anytime, and any way. For more information, visit www.corporate.visa.com.

About TaxBrain Online Tax CenterT

The TaxBrain Online Tax Center provides 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) 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® line of professional tax software products enable tax practitioners and service bureaus to accurately prepare and file large volumes of individual tax returns. At the IRS Tax Forum, PEI announced the availability of V-TaxT, the world's first online software designed exclusively for professional tax preparers serving large numbers of individuals from multiple locations

Founded in 1974 and based in Tracy, California, PEI is dedicated to serving the needs of the professional tax community and individual taxpayers worldwide. For more information, visit www.petzent.com.

 

PR Contact Info

John Amaya
T: 209.835.2720 x2506
F: 209.835.0409
jamaya@petzent.com

Craig Petz
VP Marketing
craig@petzent.com

 

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