H&R Block’s Final ACA Stats: Refunds Impacted for Most Who Received Advance Tax Credit
Numbers show increase from early season results Almost two-thirds of tax filers who received insurance via the state or federal insurance Marketplaces had to pay back an average of $729 of the Advance Premium Tax Credit (APTC), cutting their potential refund by almost one-third, according to analysis of filing data by H&R Block (NYSE:… Read More
H&R Block Reports U.S. Tax Results Through April 16; To Announce Fiscal 2015 Results on June 8
Assisted returns prepared declined due to the carryover impact of eliminating a promotion in the prior year and continued behavioral shifts in tax filers who claim the Earned Income Tax Credit (EITC) H&R Block tax software returns prepared through online, desktop and mobile applications grew 8.2% over the prior year; monetization… Read More
Refund Season Nears End: Two Days Left before Filing Deadline
Taxpayers filing an extension do not have an extension to pay, but can avoid penalties Millions of taxpayers, who have days before the tax filing deadline, have yet to file. H&R Block (NYSE: HRB), the world’s largest consumer tax services provider, reminds them all the importance of filing something – a completed return or at least an… 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.