Residency Confusion Can Cause Military Personnel to Overpay Taxes
H&R Block advises on Military Spouse Residency Relief Act, state tax obligations
Confusion about military spouse residency rules means many military families may be overpaying their state taxes, according to analysis done by The Tax Institute at H&R Block (NYSE: HRB). The institute says understanding eligibility for the Military… Read More
H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share, payable Jan. 2, 2013, to shareholders of record as of Dec. 10, 2012.
The Jan. 2 payment marks the company's 201st consecutive quarterly dividend.
About H&R Block
H&R Block, Inc. (NYSE: HRB) is… Read More
H&R Block Partners With Council for Economic Education to Improve Financial Literacy — One Game at a Time
Partnership Combines Curriculum and Online Gaming to Teach Teens Real-World Money Lessons
H&R Block Dollars & Sense, which provides personal finance curriculum and scholarships to high schools nationwide, has partnered with the Council for Economic Education (CEE), the leading U.S. organization focused on economic and financial… Read More
H&R Block Advises Prepare Now for Taxmageddon, Don’t Fall off Fiscal Cliff
AMT, expired tax breaks impact taxpayers of all income levels
Whether it is called “Taxmageddon” or the “fiscal cliff,” millions of taxpayers at all income levels are at risk of paying more in taxes this year. For some, this could mean owing money to the IRS instead of getting a tax refund as they have previously.
“The risks for… Read More
H&R Block Reviews Tax Implications of Forgiven Mortgage Debt
The 1.5 million homeowners1 in foreclosure -- and those facing it -- need to understand the different tax implications if the process is finalized by Dec. 31 versus next year. H&R Block (NYSE: HRB) explains that because the soon-to-expire Mortgage Relief Act allows up to $2… Read More
H&R Block Exploring Strategic Alternatives for H&R Block Bank
Company is utilizing Goldman, Sachs & Co. to advise on strategic alternatives for H&R Block Bank
Company’s existing offering of financial products and related services will remain in fiscal 2013; financial products and related services remain key part of company’s strategy
Company expects no material impact on fiscal 2013… Read More
Three Reasons Oct. 15 is the Second Most Important Day for Taxes
H&R Block advises taxpayers on extension filing deadline, Fresh Start payments and reviewing tax outlook
April 15 has a pretty good chance of remaining the No. 1 day for taxes, but Oct. 15 is likely a close second. This year, H&R Block (NYSE: HRB) offers three reasons Oct. 15 is important for taxpayers: (1) extension filers must… Read More
H&R Block’s Net Loss From Continuing Operations Improves 11 Percent; Improves 6 Percent on Adjusted Basis
H&R Block, Inc. (NYSE: HRB) today announced financial results for its fiscal first quarter ended July 31, 2012. The company typically reports a first quarter operating loss due to the seasonality of its core U.S. tax business.
First Quarter 2013 Highlights(1)
Net loss from continuing operations improves 11 percent to $106 million, or… Read More
Some Common Job-Related Expenses Tax-Deductible, Yet Go Unclaimed
H&R Block advises equipment, search and relocation expenses can mean tax savings
Job placement services. Uniforms. Continuing education. As millions celebrate Labor Day with a day off work, it’s also a good time to take stock of what it costs employees to perform and keep their jobs. H&R Block (NYSE: HRB) advises taxpayers to… Read More
H&R Block, Inc. (NYSE: HRB) announced today that its wholly owned subsidiary, Block Financial LLC, entered into a new five-year, $1.5 billion Credit and Guarantee Agreement, which will expire on Aug. 17, 2017 unless extended pursuant to the terms of the agreement. Funds available under the new agreement may be used for general corporate… Read More