New ACA Post-Season IRS Notices, Filing Requirements Impact Millions
Estimates show 1 million taxpayers at risk of losing ACA tax credit used for insurance premiums If the word “audit” didn’t scare taxpayers enough, now there are at least a dozen IRS notices taxpayers could receive relating to the Affordable Care Act. The IRS recently announced one of those notices, for those who received an advance… Read More
H&R Block Recognizes 2015 Recipients of the Henry W. Bloch Award for Excellence in Client Service
Today H&R Block recognized 25 company and franchise associates with the Henry W. Bloch Award for Excellence in Client Service for their extraordinary efforts in client service, exceptional tax expertise and display of company values. The award is named in honor of Henry W. Bloch, co-founder and honorary chairman of H&R Block and… Read More
File that late tax return before the IRS does
In a typical year, nearly 12 million individuals who were required to file a tax return do not file. The IRS can pursue those late returns, meaning stiff consequences and increasing complications for past-due tax return filers. Penalties and the loss of a refund may be well-known outcomes, but the IRS can even file a substitute return for someone… Read More
Up to 1 in 6 Impacted by Expired Tax Benefits
Lynn Ebel, tax attorney at The Tax Institute, talks with the H&R Block newsroom about the impact expired tax benefits will have on taxpayers in 2015, including on teachers, students, homeowners and retirees.