Tax franchises

Liberty Tax said Wednesday its board terminated founder John Hewitt as the tax preparation chain’s CEO on Tuesday.

The tax prep chain grew its income by more than $12 million.

Happy Tax has acquired Opportunity Tax and Insurance, a franchise network of eight storefront tax preparation and insurance sales offices in North Carolina, Georgia and Florida, and announced a partnership Monday with Santa Barbara Tax Products Group, a subsidiary of Green Dot, to provide refund advances and refund transfers.

Jackson Hewitt Tax Service and its franchisees expect to hire more than 25,000 preparers and associates nationwide between now and the end of the year.

Uber and Target vet Jeffrey Jones will take the helm of the tax prep giant in October.