Amscot expanding to Miami

TAMPA -- Amscot Financial Inc. is preparing to expand into South Florida this year.

CEO Ian MacKechnie says the Tampa-based financial services firm will open its first location in Miami this March, and will eventually add 20 new locations in the region by the end of the year.

MacKechnie's firm brought in $173 million in revenues in 2011, up roughly 3% from its 2010 total of $167.9 million. Amscot has 1,251 full-time workers, and also employs roughly 1,000 seasonal tax preparers.