Even though tax filing season is over, chances are good that any given taxpayer will hear from the IRS in the coming months. In fact, according to the IRS Oversight Board, 43 percent of taxpayers have to interact with the IRS outside of filing a tax return. Besides the difficulties taxpayers are experiencing getting through to the IRS by phone,… Read More
Mark Ciaramitaro, Vice President, Tax and Health Care Services
"The Supreme Court decision today on a provision of the Affordable Care Act (ACA) affirms the ability for consumers who enrolled for health coverage via the Federal Marketplace to receive advance premium tax credits to help pay for their monthly insurance premiums.
For 2015,… Read More
Emerald Card one of the best in two categories; scores high overall
CardHub recognized H&R Block’s (NYSE: HRB) Emerald Prepaid MasterCard® as one of 2015’s Best Prepaid Cards. CardHub used its proprietary cost comparison tool to evaluate features, fees and services of 40 of the most popular prepaid cards based on four common usage… Read More
“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 fraud. I commend Commissioner Koskinen for his continued leadership of this unprecedented… Read More
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
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,… Read More
Americans living abroad must file a 2014 U.S. tax return by June 15, 2015
Americans living abroad must file a U.S. tax return by Monday, June 15, even if they did not earn income in the U.S. As the world’s largest consumer tax services provider with offices in 14 countries and territories and a virtual service for U.S. expats across the globe,… Read More
Even though it may feel like the tax deadline was not that long ago, now is a good time for taxpayers to revisit, or look at for the first time, their 2015 taxes. Especially for those who owed a big sum to the government last year, there is plenty of time to reverse that trend for 2015. By reviewing the past six months and making tax plans for… Read More
Engaged and newlywed couples get more than their fair share of advice. So instead of more advice, maybe starting with a question is better: have they thought about their new tax situation?
What is the marriage penalty?
Couples may have heard about a marriage penalty, but getting married will only negatively impact some couples’ tax… Read More
When it comes time to rent out or sell their home, homeowners should not only consider the real estate market and their home equity, but their taxes as well. That’s because some homeowners may face capital gains tax as high as 20 percent on some of the gain on the sale of their homes, while others can avoid that tax entirely. Whether or not a… Read More
Sean Lawrence deemed “most real-world ready” in nationwide teen financial literacy program
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… 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.