H&R Block Newsroom (Bill Cobb)
2017
May
16,
2017
H&R Block, Inc. (NYSE: HRB) today announced that president and chief executive officer Bill Cobb will retire from the company and the H&R Block Board of Directors effective July 31, 2017.  In his place, the Board of Directors appointed Tom Gerke, ...
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February
01,
2017
H&R Block, Inc. (NYSE: HRB) is reinventing the category it founded more than 60 years ago by introducing a new, exclusive, consumer-facing experience that incorporates IBM Watson (NYSE: IBM). The technology will be used by H&R Block’s tax professiona...
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January
09,
2017
Starting today, H&R Block (NYSE: HRB) will make available a Refund Advance of up to $1,250* from MetaBank® to current and new clients. The Refund Advance, a no-interest loan offered for a limited time at participating locations, is repaid with the cl...
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January
06,
2017
Now do-it-yourself taxpayers can get a little something more from their tax preparation – a LOT more, in fact. Approximately six in 10 taxpayers could now file a federal and state income tax return for free through March 31, 2017 with H&R Block (NYSE...
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2016
November
03,
2016
Since this public-private partnership formed some 20 months ago, we have progressed from initial ideas on how to combat tax refund fraud, to developing clear operating concepts, and now, to executing concrete measures that are materially impacting th...
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October
13,
2016
In the early 2000s, empty parking lots and vacant buildings pockmarked downtown Kansas City, Missouri. Decades of neglect had taken its toll on the urban core. The area was ripe for revitalization, but it wasn’t going to happen on its own. So area le...
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June
28,
2016
In the 16 months since Commissioner Koskinen first established this public-private partnership, much progress has been made to help prevent fraudsters from stealing taxpayer refunds. From improvements on information-sharing, to new authentication and...
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June
10,
2016
H&R Block, Inc. (NYSE: HRB), the world's largest consumer tax services provider, today released its financial results for the fiscal year ended April 30, 2016. Total revenues decreased $40.5 million, or 1.3%, to just over $3.0 billion, primarily due ...
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March
17,
2016
Barry C. Melancon President and CEO American Institute of CPAs 1211 Avenue of the Americas New York, New York 10036-8775 Dear Barry: I received your letter of March 11 expressing AICPA’s concern. First, I’m heartened that CPAs acknowledg...
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March
03,
2016
H&R Block, Inc. (NYSE: HRB), the world's largest consumer tax services provider, today released its financial results for the fiscal 2016 third quarter ended January 31, 2016 and key operating data through February 28, 2016. The company typically rep...
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February
16,
2016
To kick off the two-month count down until Tax Day, April 18, Block Advisors,  a new brand of service from H&R Block (NYSE: HRB), the world’s largest consumer tax preparation company, opened the New York Stock Exchange today. The event highlights...
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January
21,
2016
Year-round tax planning, tax advisor relationship and small business focuses for innovative new service H&R Block (NYSE: HRB), the world’s largest consumer tax preparation company and the company that invented the tax preparation category, is laun...
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2015
October
20,
2015
Eliminating fraud from the tax preparation industry cannot be accomplished in a few months – this is a multi-year effort. But, under the leadership of IRS Commissioner John Koskinen, we have proven a public-private partnership can work and progress c...
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September
21,
2015
H&R Block, Inc. (NYSE: HRB), the world’s largest consumer tax services provider, announced today that its wholly owned subsidiary, Block Financial LLC, entered into a new five-year, $2.0 billion Credit and Guarantee Agreement (the “Agreement”). “I...
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September
01,
2015
H&R Block, Inc. (NYSE: HRB), the world’s largest consumer tax services provider, today released its financial results for the fiscal 2016 first quarter ended July 31, 2015. The company typically reports a first quarter operating loss due to the seaso...
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September
01,
2015
H&R Block Bank divestiture transaction now closed H&R Block no longer regulated as a savings and loan holding company Company announces a $3.5 billion share repurchase program, effective through June 2019 Company announces intent to launch “...
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August
05,
2015
Company expects to close its bank divestiture transaction with BofI Federal Bank (“BofI”) no later than September 30, 2015 Company expects that shortly after closing, H&R Block will cease to be regulated as a savings and loan holding company N...
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June
11,
2015
“I am pleased to announce that H&R Block has signed the Memorandum of Understanding, along with other members of the industry. The MOU documents the agreements of the broad-based working group on detecting and mitigating identity theft tax refund...
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June
08,
2015
Total revenues increased $54 million, or 1.8%, to $3.1 billion1 Adjusted EBITDA margin of 30.8% consistent with prior year2 Earnings per share from continuing operations of $1.75 3   ...
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May
11,
2015
Seventeen-year-old Sean Lawrence earned a $120,000 college scholarship through the H&R Block Budget Challenge — a financial literacy program that rewards high school students for mastering personal finance. The St. Clair, Michigan, senior was deemed ...
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April
23,
2015
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 throu...
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March
19,
2015
At the invitation of IRS Commissioner John Koskinen, H&R Block president and CEO Bill Cobb participated in today’s working group addressing the challenges of identity theft and refund fraud. Representatives from the tax industry and state tax adminis...
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March
17,
2015
A survey from H&R Block, the world’s largest consumer tax services provider, found that 96 percent of consumers are willing to take action to combat tax fraud. Some of the top responses include answering additional questions on their returns, providi...
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March
04,
2015
H&R Block, Inc. (NYSE: HRB), the world’s largest consumer tax services provider, today released its financial results for the fiscal 2015 third quarter ended January 31, 2015 and U.S tax volume through February 28. As a result of an earlier openin...
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March
02,
2015
To kick off National Consumer Protection Week, H&R Block (NYSE: HRB), the world’s largest consumer tax preparation company, has launched an online fraud resource center detailing various tax fraud scams and improper payment issues while highlighting ...
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February
17,
2015
I am writing this letter to bring attention to a growing issue that affects millions of Americans every year – tax fraud. No taxpayer is immune to this growing problem. Last year even Attorney General Eric Holder fell victim to fraud resulting fro...
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January
05,
2015
H&R Block (NYSE: HRB) stores nationwide will open for the company’s first-ever Affordable Care Act (ACA) Q&A Day on Thursday, Jan. 8 to help prepare consumers for the biggest tax code change in the last 20 years. H&R Block ACA Specialists at Block’s ...
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2014
December
17,
2014
H&R Block, Inc. (NYSE: HRB), the world’s largest consumer tax services provider, today announced its strong support for new legislation directing the Treasury Department to implement uniform standards for taxpayers claiming refundable credits. Presid...
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December
08,
2014
H&R Block, Inc. (NYSE: HRB), the world’s largest consumer tax services provider, today announced its financial results for the fiscal 2015 second quarter ended October 31, 2014. The company typically reports a second quarter operating loss due to the...
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December
01,
2014
On November 17, 2014, the U.S. Treasury Department released its annual financial report. Included in this report are estimates of the Earned Income Tax Credit (EITC) improper payment rate for the fiscal year ended September 30, 2014. The range for th...
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