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
Company expects to close its bank divestiture transaction with BofI Federal Bank (“BofI”) no later than September 30, 2015
Company expects that shortly after closing, H&R Block will cease to be regulated as a savings and loan holding company
Net, ongoing financial impact of transaction expected to dilute H&R Block earnings by… Read More
VP honored for industry leadership, philanthropic work
H&R Block (NYSE: HRB) the world’s largest consumer tax preparation company, proudly congratulates Kelli Ramey, vice president of advertising and brand promotion at H&R Block, on earning the Kansas City Business Journal’s prestigious NextGen Leader.
The NextGen honorees are… Read More
Estimates show 1 million taxpayers at risk of losing ACA tax credit used for insurance premiums
If the word “audit” didn’t scare taxpayers enough, now there are at least a dozen IRS notices taxpayers could receive relating to the Affordable Care Act. The IRS recently announced one of those notices, for those who received an advance… Read More
Today H&R Block recognized 25 company and franchise associates with the Henry W. Bloch Award for Excellence in Client Service for their extraordinary efforts in client service, exceptional tax expertise and display of company values.
The award is named in honor of Henry W. Bloch, co-founder and honorary chairman of H&R Block and… Read More
In a typical year, nearly 12 million individuals who were required to file a tax return do not file. The IRS can pursue those late tax returns, meaning stiff consequences and increasing complications for past-due tax return filers. Penalties and the loss of a refund may be well-known outcomes, but the IRS can even file a substitute return for… Read More
Classes teach fundamentals of tax preparation
Annual enrollment for H&R Block’s Income Tax Course is open and H&R Block (NYSE: HRB) will award full scholarships covering the cost of tuition and books for spouses of active, reserve, wounded warrior and retired military personnel. H&R Block has offered these scholarships for the… Read More
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
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.