What’s better than a tax-free scholarship? Sometimes, a 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 benefit for the same expenses. But they may be able to choose the benefit that best fits their… Read More
Chief People Officer honored for her business influence and philanthropic work
Aileen Wilkins, Chief People Officer for H&R Block (NYSE: HRB) has been recognized for her business influence and philanthropic work. Today she and other honorees were profiled in the Kansas City Business Journal’s 2015 class of Women Who Mean Business and… Read More
After Supreme Court decision, Kansans who paid 1 percent Kansas City earnings tax could collect refunds
H&R Block (NYSE: HRB), the world’s largest consumer tax services provider, estimates more than 100,000 Kansans may collect up to a total of $72 million in tax refunds following the state’s reevaluation of treatment of the Kansas City… Read More
Child care costs can range from $1,000 to $16,000 annually depending on the child’s age, the type of care provider and the state where a family lives. According to ChildCare Aware of America, the average annual fees for full‐time care in a center could reach $16,549 for an infant or could be as low as $1,070 for before- or after-school… Read More
Recent media coverage around H&R Block and the Earned Income Tax Credit (EITC) is misleading and diverts attention from the real issues. This is not about competitive business interests. It’s about reducing fraud and protecting the future of the EITC. Anyone who says differently is not really committed to fixing a gaping hole in EITC… Read More
H&R Block, Inc. HRB the world's largest consumer tax services provider, will report fiscal 2016 first quarter results on Tuesday, September 1, 2015 after the New York Stock Exchange market close. At that time, a copy of the press release will be available on the company's investor relations website at http://investors.hrblock.com.
A… Read More
H&R Block, Inc. (NYSE: HRB), the world's largest consumer tax services provider, today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share, payable October 1, 2015, to shareholders of record as of September 9, 2015.
The October 1 dividend payment will mark H&R Block's 212th consecutive… Read More
Taxpayers who face an IRS penalty this year are not alone. The IRS could assess more than 40 million penalties to taxpayers, totaling almost $25.6 billion in a single year.
In some situations, taxpayers may miss out on an opportunity to have their penalties removed, just because they do not know to ask for a waiver. In fact, in 2010, 91… Read More
Classes teach essentials of tax preparation
In the past year alone, federal and state tax code changes impacted health care, education, property ownership and more. Keeping up with them can be a daunting task. For those who want to know how these changes impact their lives and the lives of others, annual enrollment for H&R Block’s Income… Read More
“At H&R Block we support all intelligent efforts to reform the tax code. We have 80,000 tax professionals focused on one thing: getting our clients back every dollar they deserve. We give our clients confidence that someone has their back no matter how simple or complicated their tax return.”
- Kathy Collins, H&R Block Chief… Read More
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.