Richmond, Va. (March 3, 2004) -- Rather than jumping on the foreign outsourcing bandwagon, Peoples Income Tax Inc., a tax prep firm based here, plans to go head to head with overseas outsourcing firms by offering its own domestic outsourcing services.

Peoples Income Tax Inc. chief executive Charles E. McCabe says that his firm will offer income tax preparation outsourcing services from its Richmond headquarters that will rival the benefits of outsourcing to India and other foreign countries. Peoples Income Tax, founded by McCabe in 1987, operates 15 offices in central Virginia and serves roughly 10,000 individual and small business taxpayers.

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