News


It’s Tax Day! Can’t file on time? Not sure it’s right? H&R Block offers help filing tax extensions

This year, an estimated 10 million taxpayers will apply for a tax filing extension, giving them six more months to prepare and file accurate tax returns. The extension also helps them avoid the 5-percent monthly failure-to-file penalty. Through April 15, clients who file an extension at participating H&R Block  tax offices are eligible for a… Read More


To Save Money, Young People Would Rather Go Commando Than Buy Used Undies

DoSomething.org and H&R Block Dollars & Sense Use Hilarious Money-Saving Scenarios to Give Young People Real Money-Saving Tips Three in four students feel they don’t know enough about personal finances. And according to a recent survey by H&R Block Dollars & Sense, 58 percent of teens worry about being worse off financially… Read More


H&R Block Client Data Not Impacted by Heartbleed Bug

This week, security researchers announced the discovery of a security flaw in OpenSSL technology called the Heartbleed Bug. OpenSSL is used by some online services to encrypt data over the Internet but the bug may not affect every website.  H&R Block has reviewed it systems and has currently found no risk to client data due to the… Read More


H&R Block Reaches Definitive Agreement to Divest its Bank

H&R Block Bank to sell certain assets and liabilities to BofI Federal Bank (“BofI”) Transaction subject to regulatory approvals Net, ongoing financial impact of transaction expected to dilute H&R Block earnings by approximately $0.07 to $0.09 per share annually beginning in fiscal 2015, based on current fully diluted shares… Read More


Teachers and Students Answer: How Big is a Billion?

H&R Block Dollars & Sense awards $19,000 in classroom grants Americans leave more than $1 billion on the table every year by doing their own taxes – a fact demonstrated in H&R Block’s “Get Your Billion Back, America” national advertising campaign by placing $500 on seats in a professional football stadium. After hearing… Read More


Congress Urged To Enact Minimum Standards For Tax Return Preparers At Senate Finance Committee Hearing

This morning, H&R Block President and CEO William Cobb testified at the Senate Finance Committee hearing on “Protecting Taxpayers from Incompetent and Unethical Return Preparers". Cobb’s remarks focused on the need to better protect consumers and help reduce fraud. He outlined two key priorities as part of H&R Block’s proposal to… Read More


Countdown to Tax Day- 6 days left until the tax filing deadline

April 9 Inaccuracies May Cost 1 in 5 DIYers More Than $400 on Average – Totaling $1 Billion A recent H&R Block Second Look® review study revealed that when taxpayers prepared their own tax returns, about 1 in 5 of them left money on the table. Taxpayers are leaving money on the table due to the following, among other things: Not… Read More


Socrates Named ‘Greatest Hipster in History’ at Inaugural Irony Games

Covenant House also winner with $10,000 donation from H&R Block through HipsterTaxCrisis.com After a week of intense voting at HipsterTaxCrisis.com, Socrates was elected the “Greatest Hipster in History” with 31.7 percent of the votes in an announcement made at the first Irony Games in Seattle. The star of “Bill & Ted’s… Read More


Tax Tips Tuesday: Audit Worries Shouldn’t Keep Taxpayers from Claiming Valid Tax Breaks

H&R Block advises timely response to IRS notices could mean avoiding additional penalties By The Tax Institute at H&R Block The federal government estimates it has a $450 billion tax gap, which is the amount the IRS estimates is missed in tax collections. One way the government tries to close that gap is through IRS audits of those… Read More


A CONFLICTED OPTIMISM: TEENS AND THEIR FINANCIAL FUTURE

Despite Anxiety About Debt and Employment, Survey Shows Teenagers Look to Wisdom of Parents and the Promise of College As America’s next generation looks ahead to adulthood, it is doing so with conflicted optimism, according to a recent national survey1 conducted by H&R Block Dollars & Sense, a program designed to increase the… Read More


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Confusion about Health care and taxes



From the Newsroom: Richard Gartland, senior tax professional with H&R Block, talks about taxes and health care.