Tax Tips Tuesday: Military Tips for Filing Accurate Tax Returns
By The Tax Institute at H&R Block
Military families have extra things to keep in mind as tax time. Special tax circumstances apply to service members, and being familiar with the following four tax topics can help them file accurate tax returns and not overpay their taxes.
1. Know types of pay are taxed differently
Combat pay is not… Read More
Inaccuracies May Cost 1 in 5 DIYers More Than $400 on Average
H&R Block study highlights last year’s most common miscues
One billion dollars. That’s how much taxpayers who prepare their own tax returns could be leaving on the table. A recent H&R Block (NYSE: HRB) Second Look® review study revealed that when taxpayers prepare their own tax returns, about 1 in 5 of them left money on the… Read More
Tax Tips Tuesday: Having the Right Documents Makes Filing Accurate Tax Returns Easier
By The Tax Institute at H&R Block
Among the greatest enemies to the success of a business is mismanagement of resources. Maintaining accurate, organized financial records helps small-business owners keep an eye on how much money is coming in, and how much is going out and for what expenses. This type of good recordkeeping is a yearlong… Read More
Statement: H&R Block Responds to U.S. Court of Appeals Loving vs. IRS Ruling
Today, the U.S. Court of Appeals for the District of Columbia Circuit ruled that the Treasury Department’s statutory authority to “regulate the practice of representatives of persons before the Department of the Treasury” does not extend to the Internal Revenue Service. With an ever increasing rise in tax fraud, H&R Block believes this… Read More
H&R Block Submits Comments to Congress for IRS Tax Commissioner’s Hearing
Earlier today, the U.S. House Ways & Means Subcommittee on Oversight held a hearing featuring IRS Commissioner John Koskinen. The hearing served as an opportunity for members of Congress to discuss some of the IRS’s ongoing programs as the 2014 tax season kicks into high gear.
As the world’s largest consumer tax services provider, we… Read More
Tax Tips Tuesday: Day care, Diapers and Deductions
By The Tax Institute At H&R Block
Raising children can be expensive, as any parent knows. Knowing what taxpayers are eligible for when they become parents can keep them from paying more in taxes than they owe.
Just outfitting a nursery and stockpiling diapers can really add up. According to a “baby-cost” calculator on BabyCenter,… Read More
H&R Block to Release Fiscal Third Quarter Results March 6; Announces Schedule for Reporting Tax Season Results
H&R Block, Inc. (NYSE: HRB), the world's largest consumer tax services provider, will report fiscal 2014 third quarter results on Thursday, March 6, 2014, after the New York Stock Exchange market close. At that time, a copy of the press release will be available on the company's investor relations website at… Read More
State of the Union and the Earned Income Tax Credit – What it Means for You and Your Taxes
By Kathy Pickering
Executive Director of The Tax Institute At H&R Block
During last night’s State of the Union address, President Obama discussed his proposal to expand the Earned Income Tax Credit – known as the EITC. This credit helped more than 26 million taxpayers last year claim an average of $2,335 when it was time to file… Read More
H&R Block Emerald Mastercard® Top of Wallet Winner, Offers Increased Reload Locations at Low Fees
New network includes reload for as low as $1.95 at select 7-Eleven Locations
H&R Block Emerald Prepaid Mastercard® was named one of the winners of the coveted Top of Wallet category by industry publication Paybefore this week.
In addition, the company announced a partnership that will significantly increase the reload location sites… Read More
Smartphone App from H&R Block
On-the-go filing easier and faster for DIY taxpayers filing simple returns
Do-it-yourself taxpayers now can file their 2013 simple returns with the revamped H&R Block (NYSE: HRB) 1040EZ app. The filing app, which is free to download for iPhone and Android smartphones, launched this week. The app is… Read More