What is the first thing that pops into your head when you think of Wal-Mart?  Do you think of its massiveness?  Maybe you think of its power to generate so much money and influence so many lives.  The fact is that Wal-Mart is a huge force to be reckoned with.  This company is more than just a mega store on the street corner.  It is a serious money maker, and it is also serious competition for many types of businesses.  Small retail stores have to compete with the giant retailer on price and variety, and now banks have to compete with Wal-Mart’s small check cashing fees and more.  Well, there’s another business Wal-Mart is getting into, it’s the tax business.

That’s right, now you can have your taxes prepared for free, as long as it is the simple tax return, at a Wal-Mart near you.  All types of people are eager to have their taxes prepared right there on the spot.  I talked with a friend who is a Wal-Mart lover, here’s what he had to say, “The second I get my W-2 you can bet I’ll be in New York direct at Wal-Mart.”

So, clearly this is a good move on Wal-Mart’s part.  What do you think of the chain getting involved in the tax industry?