H&R Block Newsroom (education)
2017
August
11,
2017
Teachers and students are back in the classroom – and may need some education on the education tax benefits that can help them with their expenses. “Education tax benefits, which can save students or their parents as much as $2,500, are commonly o...
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June
09,
2017
Student loan debt reached $1.34 trillion in the first quarter of 2017, up from $0.51 trillion 10 years earlier. The consequences for and benefits of taking out student loans go beyond career opportunities, lifetime earnings and other implications; li...
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March
24,
2017
The tax refund is the single largest financial transaction many taxpayers will have in a year. Refunds average almost $3,000 so far this season. That’s one of the reasons that the stakes are so high and why mistakes can be so costly. Taxpayers who wa...
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March
13,
2017
With five weeks remaining until the April 18 tax filing deadline, new tax laws and regulations have already impacted millions of taxpayers. Refunds distributed are down more than $15 billion compared to this time last year, due in large part to the d...
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2016
November
14,
2016
This is a little bit of a “good news, bad news” story. It’s when a taxpayer learns their income has gone up but it is now so high that many of the tax breaks they have claimed in the past are no longer available to them. It’s important to note tha...
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September
28,
2016
With five Fridays this month, employees with a biweekly pay schedule and Friday payday will receive three paychecks this September. And if their employer deducts their benefits on a semi-monthly schedule, that third paycheck will be larger than their...
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September
27,
2016
This continues the H&R Block newsroom’s series on the Protecting Americans from Tax Hikes (PATH) Act, which made dozens of changes to the tax code. The PATH Act series covers its permanent extensions of many tax benefits, the renewal requirements for...
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September
21,
2016
This continues the H&R Block newsroom’s series on the Protecting Americans from Tax Hikes (PATH) Act, which made dozens of changes to the tax code. The PATH Act series covers its permanent extensions of many tax benefits, the renewal requirements for...
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September
19,
2016
Applying for financial aid for school doesn’t usually involve thinking about what to do with student loan debt if the school closes. But it is a question that many students are asking after this summer’s news of school closures across the country. An...
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August
12,
2016
There is a reason why college students eat a lot of ramen noodles: while college may be the best four years of a person’s life, they’re usually not the richest years. Luckily, education tax credits can help students or their parents offset their educ...
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June
08,
2016
Many Americans have inaccuracies on their tax return that lead to a smaller refund than they deserve. While for some people that difference could be small, it can be significant for many others. What are the biggest pitfalls keeping people from ge...
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May
31,
2016
Before school ends for the summer, parents have some homework to do: making summer child care arrangements. Although there is a lot to weigh, the child care tax credit reduces parents’ taxes dollar for dollar and could tip the scale for parents decid...
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April
11,
2016
Author’s note: This feature is one of a series of success stories generally describing tax situations routinely reviewed when H&R Block takes a look at prior-year tax returns new clients either prepared themselves or had someone else file. Story 1...
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2015
November
24,
2015
It ain’t over til it’s over, and 2015 isn’t over. Taxpayers still have time to influence their tax future. Many taxpayers can do something to lower their tax liability with these seven end-of-year tax tips. #1: To save money, save money One...
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August
31,
2015
What’s better than a tax-free scholarship? Sometimes, an education tax credit could be, like the American Opportunity Credit. Students (or the student’s parents if they claim the student as a dependent) can’t “double-dip” by claiming more than one be...
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2014
November
21,
2014
By The Tax Institute at H&R Block While there is still uncertainty over dozens of tax breaks that have expired, what is certain is that taxpayers have a little more than a month to take action that could lower their 2014 tax liability and could in...
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September
23,
2014
The Consumer Financial Protection Bureau estimates that student loan debt reached $1.2 trillion last summer. That is an 84-percent increase since 2008. After college, the average student loan debt is $29,000. It would take 15 years of monthly payment...
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September
05,
2014
By The Tax Institute at H&R Block The first unemployment report since Labor Day indicates that 9.6 million Americans are looking for work. Seeking employment has its hardships, but certain tax benefits may help jobseekers as they transition from o...
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August
19,
2014
By The Tax Institute at H&R Block Recent college graduates likely got that first job this summer. With that offer and paycheck come other first-time responsibilities, like paying taxes. What students often don’t learn while they’re completing a de...
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March
12,
2014
Taxpayers don’t know how tax laws impact them individually – and it’s costing them Mostly gone are the days of taxpayers sitting down with a sharp pencil and a calculator at the kitchen table to do their taxes. Yet, H&R Block (NYSE: HRB) found tha...
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March
11,
2014
By The Tax Institute at H&R Block A common inaccuracy that has taxpayers overpaying their taxes is not taking advantage of the higher education tax breaks they qualify to claim. There are more than 18 million people in college, but only two-thi...
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February
20,
2014
One billion dollars. That’s how much taxpayers who prepare their own tax returns could be leaving on the table. A recent H&R Block (NYSE: HRB) Second Look® review study revealed that when taxpayers prepare their own tax returns, about 1 in 5 of t...
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2013
April
11,
2013
To get the pulse of how taxpayers see their financial situations, all one has to do is step inside one of the 11,000 H&R Block (NYSE: HRB) offices or scroll through the help section on its At Home solution. As the 2013 tax season comes to a close, Th...
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February
25,
2013
This tax season, there were approximately 1,000 changes to the federal individual income tax code. Throw in almost 4,400 state changes and one can start to get a picture why going it alone could be a daunting task. To ensure taxpayers receive all ...
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January
30,
2013
With the fiscal cliff averted and the IRS finally processing income tax returns, H&R Block (NYSE: HRB) offers six tax tips to navigate tax season 2013. Even though the IRS indicated some forms will not be updated until as late as March, 98 percent of...
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January
03,
2013
2016 Update: Taxpayers Reap Benefits of Leap Year and Free Second Look ...
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2012
August
30,
2012
Job placement services. Uniforms. Continuing education. As millions celebrate Labor Day with a day off work, it’s also a good time to take stock of what it costs employees to perform and keep their jobs. H&R Block (NYSE: HRB) advises taxpayers to exp...
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August
01,
2012
Considering the confusion surrounding diminishing tax breaks and tax-free ways to pay for school, H&R Block (NYSE: HRB) shares how parents and students can make smart tax and saving choices for education expenses. Some of the most commonly overlooked...
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