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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.
In 1997, H&R Block announced its intention to divest itself of CompuServe. A number of potential buyers came to the forefront, but the terms they offered were unacceptable to management. AOL, the most likely buyer, made several offers to purchase CompuServe using AOL stock, but H&R Block management sought cash, or at least a better quality ...
What’s more, the FTC said H&R Block promised “free” online filing for users with simple returns but “has changed its definition of a ‘simple return’ multiple times in recent years.”
H&R Block Customer Reviews. TurboTax maintains an impressive 4.6 out of five rating after 686,222 reviews. H&R Block also boasts a strong customer rating of 4.3 out of five after 594,072 reviews.
The H&R Block logo. H&R Block Tax Software, formerly called H&R Block at Home, is a set of software packages for American income tax preparation offered by H&R Block. They are a main competitor of TurboTax and TaxAct. [1] As of 2014, both the online and software versions of the product go by the flagship name, H&R Block. [2]
The cost cutting comes as H&R Block lowered its revenue projection for 2019 to just shy of $3.1 billion, while analysts were projecting up to $3.14 billion, according to the Wall Street Journal.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $73,000 for Tax Year 2022.
H&R Block shares tumbled 8.2%, while Intuit shed 5.1% on Tuesday. As the dominant players in tax preparation, H&R Block and Intuit, the maker of TurboTax, generate billions in revenue annually by ...
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