By Peoples Tax | December 21, 2010
Posted in:
Peoples Income Tax Milestones


Semi-finalist for the Virginia Business 2007 Small Business Success Story of the Year.


The National Tax Education Council (NTEC) is founded by Peoples CEO, Chuck McCabe.

The Income Tax School triples the number of online tax school offerings to 30+ courses and CPE options.


The Income Tax School introduces a certificate program leading to the Chartered Tax Professional-CTPSM credential, a first for the tax preparation industry.

The Income Tax School becomes an outsource provider of tax professional education to Intuit.

The Income Tax School launches a new e-commerce website.

The Income Tax School partners with the University of Richmond School of Continuing Studies to offer tax preparation courses.


Peoples Financial Services, Inc., a subsidiary of Peoples Income Tax, Inc., becomes licensed as a Mortgage Broker and partners with Sterling Mortgage Corporation doing business as Peoples Mortgage Services.

Peoples Financial Services, Inc. becomes licensed as an Insurance Agency and partners with Commonwealth Financial Services.

The Income Tax School partners with several Virginia community colleges.


National Alliance of Tax Business Owners (NATBO) is founded by Peoples’ CEO, Chuck McCabe.


Peoples Business Services division is formed to provide small business accounting, consulting and tax services.

Peoples Online Income Tax School is introduced and some 500 online students are enrolled.

Peoples Income Tax School is approved as a provider of Qualifying and Continuing Professional Education by the California Tax Education Council.


Peoples Financial Services is formed as a new division to meet complex tax needs, and also offers financial services & products and small business accounting.


Peoples is one of ten firms in the U.S. named an IRS marketing partner. The Electronic Filing TODAY web site is linked to the IRS Web site


Peoples acquires the national trade newsletter, Electronic Filing TODAY, and becomes its publisher.


Peoples Income Tax School is approved as a provider of continuing professional education (CPE) for CPAs by the National Association of State Boards of Accountancy (NASBA), for Enrolled Agents by the IRS Director of Practice, and for continuing legal education (CLE) for attorneys by the Virginia BAR.

Peoples Income Tax school system is adopted by colleges in several states and used by some 150 private tax firms in 40 states to recruit and train tax preparers.


Peoples introduces “The Tax Course” as a comprehensive package for independent tax firms throughout the U. S. to operate their own income tax schools as Peoples has done in Richmond.


Peoples expands to 15 locations serving 6,168 taxpayers and realizing a 72% increase in tax preparation revenue. 1992 Peoples expands to 20 locations and realizes a 52% increase in tax preparation revenue.


Peoples Income Tax School is founded as a proprietary career school and issued a licensed to operate by the Virginia Department of Education.


Peoples is one of three firms in central Virginia to participate in the new IRS electronic filing program.


Peoples Financial Services, Inc. opens its first Peoples Income Tax office at 8424 W. Broad Street to provide income tax preparation and small business accounting services.

Milestone Awards Marking Peoples’ Growth


Impact Award Finalist


Recognizing Peoples’ dedication to and support of electronic tax administration initiatives, the Department of the Treasury names Peoples Income Tax a “Special Friend of ETA Electronic Tax Administration”.

Peoples is honored by the Better Business Bureau of Central Virginia as the winner for its size business of the BBB Torch Award for Marketplace Integrity.


Peoples is recognized as a Virginia recipient of the Blue Chip Enterprise Initiative award from the US Chamber of Commerce, Connecticut Mutual and Nation’s Business magazine.

Peoples is honored by the Better Business Bureau of Central Virginia as a finalist for the BBB Torch Award for Marketplace Integrity.


For four consecutive years, Peoples is recognized among the Rising 25 fastest-growing companies in the Richmond area by The Greater Richmond Chamber of Commerce, Metro Business and KPMG Peat Marwick.

2 Richmond Locations

West End

Corporate Office/The Forum Office Park

10120 W. Broad St., Suite C
Glen Allen, VA 23060

South of the River

Commonwealth Centre

4521 Commonwealth Centre Parkway
Midlothian, VA 23112

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