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H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch. As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals worldwide.
You’ll also need to pay income taxes on any tax-deferred investments — including IRAs, 401(k) plans and tax-deferred annuities — in the year you take the money.
Tax return preparers assist taxpayers in filling out federal and state tax forms, or do so on their behalf. [12] To do so at the federal level as a business or vocation requires a tax advisor to become a Registered Tax Return Preparer — requiring the candidate pass a 120-question, multiple choice quiz —or to work directly under the ...
The complication of applying tax codes and the risk of being taken advantage of by paid tax preparation services is diminished with the presence of over 4,000 nation-wide VITA sites. One of the focal points of VITA is raising taxpayer awareness and receipt of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC).
Earned Income Tax Credit: If you earned little money last year, you may be able to claim this credit. If you are filing as a single individual with no dependents and made less than $18,591, you ...
It is also a member of the National Association of Tax Professionals. Optima offers a free consultation and a 15-day money-back guarantee during the Investigation Phase of their tax relief services.
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