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
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 July 1, 2015, to shareholders of record as of June 15, 2015.
The July 1 dividend payment will mark H&R Block’s 211th consecutive quarterly… Read More
Owning a small business or being self-employed is a lot of work, and that’s before it comes to filing taxes. Small business owners and the self-employed can make tax time easier by following just a few essential tips:
1. Good records: keep them separate; keep them safe.
Keeping good records is the foundation for everything else: a taxpayer… Read More
Numbers show increase from early season results
Almost two-thirds of tax filers who received insurance via the state or federal insurance Marketplaces had to pay back an average of $729 of the Advance Premium Tax Credit (APTC), cutting their potential refund by almost one-third, according to analysis of filing data by H&R Block (NYSE:… Read More
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 through online, desktop and mobile applications grew 8.2% over the prior year; monetization… Read More
Taxpayers filing an extension do not have an extension to pay, but can avoid penalties
Millions of taxpayers, who have days before the tax filing deadline, have yet to file. H&R Block (NYSE: HRB), the world’s largest consumer tax services provider, reminds them all the importance of filing something – a completed return or at least an… 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.