H&R Block's Newsroom - Source of Company and Tax News | H&R Block https://www.hrblock.com/tax-center/newsroom/ Fri, 19 Apr 2024 17:59:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://www.hrblock.com/tax-center/wp-content/uploads/2023/12/cropped-cropped-hrblock-32x32.jpg H&R Block's Newsroom - Source of Company and Tax News | H&R Block https://www.hrblock.com/tax-center/newsroom/ 32 32 Celebrating Baseball and Tax Season in Chicago https://www.hrblock.com/tax-center/newsroom/community/celebrating-baseball-and-tax-season-in-chicago/ Fri, 05 Apr 2024 22:30:22 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=64191 KANSAS CITY, Mo. – April 5, 2024 – With the excitement of Major League Baseball Opening Day on March 28, H&R Block (NYSE: HRB), the company that revolutionized the tax services industry, stepped up to the plate offering an experience to knock Tax Season out of the park for Chicago baseball fans and residents. Ahead of the […]

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KANSAS CITY, Mo. – April 5, 2024 – With the excitement of Major League Baseball Opening Day on March 28, H&R Block (NYSE: HRB), the company that revolutionized the tax services industry, stepped up to the plate offering an experience to knock Tax Season out of the park for Chicago baseball fans and residents.

Ahead of the April 15 tax filing deadline, H&R Block Tax Pros, associates and executives visited the Chicago Cubs and White Sox stadiums and surrounding areas, serving up free Chicago-style hot dogs, custom-designed green leather baseball gloves, and important tax tips to help make sure fans file on-time and receive the maximize refund. The company also provided discount coupons to Chicagoans to help them save money on tax prep costs, for both in-office and DIY online filing services.

“We prioritize showing up in communities across the country not just to showcase our brand, but as vital moments to forge genuine connections and inspire trust,” said Liska Johnson, director, Marketing and Experience, H&R Block. “Hosting events in popular areas and actively engaging communities across the country is not only fun, but a true demonstration of our commitment to understanding and serving the diverse needs of our customers.”

The Max-cot Effect

Max, the H&R Block tax-cot, attended each of the company’s Chicago events and became a popular draw for passersby. As a champion for all things taxes and fun, Max posed for hundreds of photos with people over the course of the four-day events and showed off his smooth dance moves on more than one occasion.

Score Big by Filing on Time

H&R Block recognizes that many people have yet to file. In fact, the number of filers that wait until April 15 to file their taxes is surprisingly high according to H&R Block and IRS data. Take advantage of these special offers and make sure to file before April 15:

Whether using H&R Block’s innovative DIY online product with AI Tax Assist or filing in-person at one of the company’s 9,000 office locations across the U.S., clients can rest assured knowing they’re backed by the company’s 100% accuracy, maximum refund guarantees, and upfront, transparent pricing.3 Tax prep starts at $89.  In most cases same-day appointments are available and walk ins are always welcome. Visit hrblock.com to schedule your appointment today.  

  1. Visit hrblock.com/Chicago for complete offer details. Offer valid at participating Chicago area locations only. Limitations apply. All offers expire April 15, 2024.
  2. Valid at participating U.S. offices for new clients only who complete and submit a 2023 personal income tax return between April 4 to 10, 2024 while supplies last. Coupon code 76862 must be presented prior to completion of initial tax office interview. Qualifying clients will receive their Domino’s gift card on or before April 15, 2024. A new client is an individual who did not use Block Advisors or H&R Block office services to prepare his or her 2022 return. Void if transferred and where prohibited. No cash value. Offer ends April 10, 2024. OBTP#B13696-BR. ©2024 HRB Tax Group, Inc. Domino’s Gift Card delivered by email. See gift card for terms & conditions. Domino’s® and the modular logo are registered trademarks of Domino’s IP Holder LLC.
  3. All tax situations are different. Not everyone gets a refund. See hrblock.com/guarantees for complete details.

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Pizza for Procrastinators: H&R Block Partners with Domino’s® to Incentivize Last-Minute Tax Filers to Finish Returns by April 10 https://www.hrblock.com/tax-center/newsroom/company-news/hrblock-offers-pizza-deal-to-last-minute-filers/ Fri, 05 Apr 2024 12:00:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=64184 KANSAS CITY, MO – April 5, 2024 – The number of filers that wait until April 15 to file their taxes is surprisingly high according to H&R Block and IRS data. This year, H&R Block (NYSE: HRB), the company that revolutionized the tax services industry, is helping last-minute filers lower their stress level and experience the joy of completing […]

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KANSAS CITY, MO– April 5, 2024 – The number of filers that wait until April 15 to file their taxes is surprisingly high according to H&R Block and IRS data. This year, H&R Block (NYSE: HRB), the company that revolutionized the tax services industry, is helping last-minute filers lower their stress level and experience the joy of completing an important task five days ahead of the filing deadline. New clients who file in-person or virtually with an H&R Block tax pro by April10th will receive $10 in free food at Domino’s1.  

“The early filer gets their return sooner, but procrastinators get pizza,” said Mark Darling, SVP U.S. Retail Operations, H&R Block. “We understand that people are busy and the thought of completing your return can be intimidating, but filing your taxes doesn’t have to be taxing.”   

More than five million people switched to H&R Block in 2023 for its reliable tax filing products and services, all backed by the company’s 100% accuracy, maximum refund guarantees, and upfront, transparent pricing.2 Tax prep starts at $89.   

“We have 60,000 tax professionals ready to help you get your maximum refund and we offer several ways to work with them when and how it is convenient for you. And with 9,000 U.S. offices, there is an H&R Block location in every state and within five miles of most Americans,” said Darling.   

H&R Block offers unparalleled ease, convenience, and peace of mind for consumers at tax time, and throughout the year. To take advantage of this offer:  

  • Submit Docs: Gather your tax documents and drop them off with the receptionist at your nearest H&R Block location or upload them to the MyBlock app.   
  • Speak with a Pro: Schedule a 15-minute chat with your tax pro in-person or virtually. In most cases same-day appointments are available and walk-ins are always welcome.  
  • Complete Your Return: Review, approve, and sign the completed return in-person or virtually via the MyBlock app.  

Click here to learn more about this offer or to schedule an appointment with a tax pro. 

  1. Valid at participating U.S. offices for new clients only who complete and submit a 2023 personal income tax return between April 4 to 10, 2024 while supplies last. Coupon code 76862 must be presented prior to completion of initial tax office interview. Qualifying clients will receive their Domino’s gift card on or before April 15, 2024. A new client is an individual who did not use Block Advisors or H&R Block office services to prepare his or her 2022 return. Void if transferred and where prohibited. No cash value. Offer ends April 10, 2024. OBTP#B13696-BR. ©2024 HRB Tax Group, Inc. Domino’s Gift Card delivered by email. See gift card for terms & conditions. Domino’s® and the modular logo are registered trademarks of Domino’s IP Holder LLC. All tax situations are different.   
  2. Not everyone gets a refund. See hrblock.com/guarantees for complete details. Total number of new customers using assisted or DIY tax solutions regardless of other prior tax preparer or method. See hrblock.com/guarantees for complete details.  

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H&R Block to Release “Responsibility Island,” a Reality TV Parody Series That Blends Comedy, Love and Taxes https://www.hrblock.com/tax-center/newsroom/lifestyle/hrblock-releases-responsibility-island-reality-tv_series/ Tue, 13 Feb 2024 13:00:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=63737 The groundbreaking micro-series brings taxes to the big screen in a hilarious and unexpected pairing. All episodes air Friday, February 16 on The Roku Channel  KANSAS CITY, MO – Feb. 13, 2024 – H&R Block (NYSE: HRB), the company that revolutionized the tax services industry, makes its debut in the entertainment world with the premiere […]

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The groundbreaking micro-series brings taxes to the big screen in a hilarious and unexpected pairing. All episodes air Friday, February 16 on The Roku Channel 

KANSAS CITY, MO – Feb. 13, 2024H&R Block (NYSE: HRB), the company that revolutionized the tax services industry, makes its debut in the entertainment world with the premiere of “Responsibility Island,” a short format scripted reality TV series that brings levity to taxes. The comedic satire is comprised of four short episodes, featuring a dynamic and hilarious cast. All four episodes will air on Friday, Feb. 16, on The Roku Channel, YouTube or H&R Block’s website

Responsibility Island features a group of young adults who think they are embarking on the latest dating show journey. To their surprise, what they thought would be an adventure to find true love is actually a responsibility boot camp. The show follows cast members TayTay, Jynyphr, Zane, Blaze, Trinity B and Narci as they take on a gauntlet of challenges in adulting designed to teach self-reliance and productivity. They must face the mother of all responsibility to get off the island – filing their own taxes. 
 

“We took a topic that people dread, taxes, and made it relatable, funny, self-deprecating, and culturally relevant,” said Jill Cress, chief marketing and experience officer, H&R Block. “Doing your taxes is the ultimate symbol of independence and responsibility, and we’re having fun with this life milestone. It’s become the juxtaposition of topics we never knew we needed.” 

H&R Block partnered with the award-winning creative shop, production company and entertainment studio Piro to create the series intended to capture the attention of young adults and first-time filers. From casting, writing and directing this series, Piro was instrumental in shaping and bringing it to life in a way that reaches audiences and entertains them. 

“This intentionally unlikely pairing of reality TV and taxes is a first of its kind for the tax industry,” said Daniel Rosenberg, co-founder of Piro. “H&R Block leaned into an entertainment genre that 77% of Gen Z consume weekly, and 93% say they want to see brands do something new and unique rather than just serve them ads. H&R Block demonstrates that informing and entertaining don’t have to be mutually exclusive.” 

Earlier this year, H&R Block debuted its latest integrated Tax Season brand campaign, It’s Better With Block, to showcase the many reasons to file with H&R Block and join the 5 million tax filers who switched to Block last year.1 Like Responsibility Island, at the heart of the campaign, It’s Better With Block shows that taxes don’t always have to be taxing. No matter the circumstance or how complicated the situation, Block clients can rely on the experience of the more than 60,000 tax professionals and its world-class The Tax Institute to ensure 100% accuracy and a maximum refund, guaranteed.2

All four episodes are available for free on The Roku Channel, YouTube or on H&R Block’s website beginning Friday, Feb. 16.  

1 Total number of new customers using assisted or DIY tax solutions regardless of other prior tax preparer or method. 

2 See hrblock.com/guarantees for complete details.    

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About H&R Block  

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.   

About Piro 

Piro merges two industries – advertising and entertainment – to create engaging traditional and non-traditional advertising, as well as strategic brand-funded entertainment and content. As a creative agency, production company, and entertainment studio, Piro offers a full suite of services to execute everything from large-scale global projects for Fortune 500 companies to bespoke local campaigns. For more information, visit https://www.wearepiro.com/

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H&R Block Reports Fiscal 2024 Second Quarter Results; Full Year Outlook Reaffirmed https://www.hrblock.com/tax-center/newsroom/company-news/fiscal-year-2024-second-quarter-results/ Tue, 06 Feb 2024 21:30:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=63683 KANSAS CITY, Mo. – H&R Block, Inc. (NYSE: HRB) (the “Company”) today released its financial results1 for the fiscal 2024 second quarter ended December 31, 2023. “I’m pleased with our Q2 performance, and our results reflect the progress we continue to make,” said Jeff Jones, H&R Block’s president and chief executive officer. “In the quarter, our […]

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KANSAS CITY, Mo. – H&R Block, Inc. (NYSE: HRB) (the “Company”) today released its financial results1 for the fiscal 2024 second quarter ended December 31, 2023.

  • Revenue grew 8% as the Company saw a strong end to the extended filing season
  • The Company reaffirmed its previously announced outlook for fiscal year 2024
  • Repurchased $218.1 million of shares during the quarter, retiring another 3% of shares outstanding

“I’m pleased with our Q2 performance, and our results reflect the progress we continue to make,” said Jeff Jones, H&R Block’s president and chief executive officer. “In the quarter, our refreshed Emerald Advance product performed well, we launched AI Tax Assist in our DIY Online product, and we continued to allocate capital by paying our quarterly dividend and repurchasing shares. We are well positioned for the tax season, and I’m looking forward to the rest of the year.”

Fiscal 2024 Second Quarter Results and Key Financial Metrics

“Our performance continues to meet expectations, and our capital allocation practice remains strong,” said Tony Bowen, H&R Block’s chief financial officer. “We feel good about our balance sheet and how we are positioned in the current environment, and I am confident in our ability to drive ongoing value for shareholders.”

  • Total revenue of $179.1 million increased by $12.7 million, or 8%, to the prior year. The increase was primarily due to higher volumes and net average charge in the Assisted category combined with higher interest and fee income on Emerald AdvanceSM due to an increase in Emerald AdvanceSM Loans and an earlier start to the offering period in the current year.
  • Total operating expenses of $446.5 million decreased by $3.1 million, as a result of lower consulting and marketing and advertising expenses, partially offset by higher corporate wages resulting from higher headcount in the current year.
  • Pretax loss decreased by $15.1 million to $282.9 million.
  • Loss per share from continuing operations2 improved from $(1.43) to $(1.33) and adjusted loss per share from continuing operations2 improved from $(1.37) to $(1.27), due to a lower loss, partially offset by fewer shares outstanding.

Capital Allocation

The Company reported the following related to its capital structure:

  • As previously announced, a quarterly cash dividend of $0.32 per share is payable on April 3, 2024 to shareholders of record as of March 5, 2024. H&R Block has paid quarterly dividends consecutively since the Company became public in 1962.
  • Repurchased and retired 4.8 million shares at an aggregate price of $218.1 million, or $45.88 per share in the second quarter.
  • The Company has approximately $350.0 million remaining on its $1.25 billion share repurchase authorization available through fiscal year 2025.

Since 2016, the Company has returned more than $3.8 billion to shareholders in the form of share repurchases and dividends, buying back over 40% of its shares outstanding3.

Fiscal Year 2024 Outlook

The Company continues to expect:

  • Revenue to be in the range of $3.530 to $3.585 billion.
  • EBITDA4 to be in the range of $930 to $965 million.
  • Effective tax rate to be approximately 23%.
  • Adjusted Diluted Earnings Per Share4 to be in the range of $4.10 to $4.30.

Other Announcements

  • Today the Company separately announced that chief financial officer Tony Bowen has decided to retire. He is committed to a smooth transition and will remain at the Company into September of 2024. The press release can be found on the investor relations website at https://investors.hrblock.com/ or in our News Center.

Conference Call

A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Tuesday, February 6, 2024. During the conference call the Company will discuss fiscal 2024 second quarter results, outlook, and give a general business update. To join live, participants must register at https://register.vevent.com/register/BI161a9ef1a2c8484cb4c9c10131ac69ee. Once registered, the participant will receive a dial-in number and unique PIN to access the call. Please join approximately 5 minutes prior to the scheduled start time.

The call, along with a presentation for viewing, will also be webcast in a listen-only format for the media and public. The webcast can be accessed directly at https://edge.media-server.com/mmc/p/4u8imwtm and will be available for replay 2 hours after the call is concluded and continuing for 90 days.

About H&R Block

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The Company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the Company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

About Non-GAAP Financial Information

This press release and the accompanying tables include non-GAAP financial information. For a description of these non-GAAP financial measures, including the reasons management uses each measure, and reconciliations of these non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with generally accepted accounting principles, please see the section of the accompanying tables titled “Non-GAAP Financial Information.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “commits,” “seeks,” “estimates,” “projects,” “forecasts,” “targets,” “would,” “will,” “should,” “goal,” “could” or “may” or other similar expressions. Forward-looking statements provide management’s current expectations or predictions of future conditions, events or results. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. They may include estimates of revenues, client trajectory, income, effective tax rate, earnings per share, cost savings, capital expenditures, dividends, share repurchases, liquidity, capital structure, market share, industry volumes or other financial items, descriptions of management’s plans or objectives for future operations, products or services, or descriptions of assumptions underlying any of the above. They may also include the expected impact of external events beyond the Company’s control, such as outbreaks of infectious disease (including the COVID-19 pandemic), severe weather events, natural or manmade disasters, or changes in the regulatory environment in which we operate. All forward-looking statements speak only as of the date they are made and reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions, factors, or expectations, new information, data or methods, future events or other changes, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to a variety of economic, competitive and regulatory factors, many of which are beyond the Company’s control, that are described in our Annual Report on Form 10-K for the most recently completed fiscal year in the section entitled “Risk Factors” and additional factors we may describe from time to time in other filings with the Securities and Exchange Commission. You may get such filings for free at our website at https://investors.hrblock.com. In addition, factors that may cause the Company’s actual estimated effective tax rate to differ from estimates include the Company’s actual results from operations compared to current estimates, future discrete items, changes in interpretations and assumptions the Company has made, future actions of the Company, or increases in applicable tax rates in jurisdictions where the Company operates. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.

1All amounts in this release are unaudited. Unless otherwise noted, all comparisons refer to the current period compared to the corresponding prior year period.
2All per share amounts are based on fully diluted shares at the end of the corresponding period. The Company reports non-GAAP financial measures of performance, including adjusted earnings per share (EPS), earnings before interest, tax, depreciation, and amortization (EBITDA) from continuing operations, free cash flow, and free cash flow yield, which it considers to be useful metrics for management and investors to evaluate and compare the ongoing operating performance of the Company. See “About Non-GAAP Financial Information” below for more information regarding financial measures not prepared in accordance with generally accepted accounting principles (GAAP).
3Shares outstanding calculated as of April 30, 2016.
4Adjusted EPS and EBITDA from continuing operations are non-GAAP financial measures. Future period non-GAAP outlook includes adjustments for items not indicative of our core operations, which may include, without limitation, items described in the below section titled “Non-GAAP Financial Information” and in the accompanying tables. Such adjustments may be affected by changes in ongoing assumptions and judgments, as well as nonrecurring, unusual, or unanticipated charges, expenses or gains, or other items that may not directly correlate to the underlying performance of our business operations. The exact amounts of these adjustments are not currently determinable but may be significant. It is therefore not practicable to provide the comparable GAAP measures or reconcile this non-GAAP outlook to the most comparable GAAP measures.

Non-GAAP  Financial Information

Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. Because these measures are not measures of financial performance under GAAP and are susceptible to varying calculations, they may not be comparable to similarly titled measures for other companies.

We consider our non-GAAP financial measures to be performance measures and a useful metric for management and investors to evaluate and compare the ongoing operating performance of our business. We make adjustments for certain non-GAAP financial measures related to amortization of intangibles from acquisitions and goodwill impairments. We may consider whether other significant items that arise in the future should be excluded from our non-GAAP financial measures.

We measure the performance of our business using a variety of metrics, including earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations, adjusted EBITDA from continuing operations, adjusted diluted earnings per share from continuing operations, free cash flow, and free cash flow yield. We also use EBITDA from continuing operations and pretax income from continuing operations, each subject to permitted adjustments, as performance metrics in incentive compensation calculations for our employees.

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H&R Block Chief Financial Officer Tony Bowen Announces Retirement https://www.hrblock.com/tax-center/newsroom/company-news/chief-financial-officer-announces-retirement/ Tue, 06 Feb 2024 21:05:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=63681 KANSAS CITY, Mo. – Feb. 6, 2024 – H&R Block (NYSE: HRB) today announced that Chief Financial Officer Tony Bowen has decided to retire. He is committed to a smooth transition and will remain at the company into September of 2024. “Tony has been a tremendous partner during our transformation and instrumental in guiding the […]

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KANSAS CITY, Mo. – Feb. 6, 2024 – H&R Block (NYSE: HRB) today announced that Chief Financial Officer Tony Bowen has decided to retire. He is committed to a smooth transition and will remain at the company into September of 2024.

“Tony has been a tremendous partner during our transformation and instrumental in guiding the company to the strong financial position we are in today,” said Jeff Jones, President and CEO of H&R Block. “His contributions during his 20-year tenure will have a lasting impact on the company for years to come.”

As CFO, Bowen has made meaningful contributions to the company, including the rollout of upfront, transparent pricing, strong financial management leading to material earnings growth, and strategic capital allocation to shareholders. Under his leadership, the company has returned more than $3.8 billion to shareholders through share repurchases and dividends.

“Tony has been an outstanding member of the H&R Block team for many years. From his early days in treasury to his time leading the DIY tax business and ultimately as CFO, he has played a major role in bringing the company to the position of strength we enjoy today,” said Robert Gerard, Chairman of the Board, H&R Block. “On behalf of the board and our shareholders, I want to thank him for his service to the company, our associates and clients, and the communities we serve across the country.”

Bowen has served as Chief Financial Officer since May of 2016. He began his career with H&R Block in 2004 as Senior Treasury Analyst and held various executive roles, including Vice President of Finance, General Manager of DIY tax software, and Associate Vice President of Corporate Development.

“My time at Block has been an incredible experience and I’m grateful for all I’ve learned, and the opportunities I’ve been given. It’s been an honor to be a part of this transformation journey, and I’m confident H&R Block will continue this path of success,” said Bowen.

The company will begin an external search for Bowen’s replacement. For more information about H&R Block, visit HRBlock.com.

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About H&R Block
H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

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H&R Block Brings Block City to the Minecraft Metaverse https://www.hrblock.com/tax-center/newsroom/community/hrblock-minecraft-experience/ Fri, 02 Feb 2024 13:00:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=63620 Exclusive live-streamed event revives the iconic Minecraft Competitive League KANSAS CITY, MO. (February 2, 2024) – Today H&R Block announced the launch of a new tax-themed gaming experience in Minecraft that kicks off on Saturday, Feb. 3 with a live-streamed Minecraft Competitive League (MCL) competition at 2 p.m. EST. H&R Block’s new Minecraft experience integrates […]

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Exclusive live-streamed event revives the iconic Minecraft Competitive League

KANSAS CITY, MO. (February 2, 2024) – Today H&R Block announced the launch of a new tax-themed gaming experience in Minecraft that kicks off on Saturday, Feb. 3 with a live-streamed Minecraft Competitive League (MCL) competition at 2 p.m. EST.

H&R Block’s new Minecraft experience integrates custom versions of the original game, featuring a playable H&R Block branded character, Sir Block. Additionally, this unique MCL will include fully customized maps, models and characters, not to mention a series of avatars and skins available for download by any Minecraft player, even those not competing in MCL.

“Gaming and taxes are an unlikely pairing, which is exactly why we wanted to do this,” said Jill Cress, chief marketing and experience officer, H&R Block. “Many young adult gamers are or will soon file taxes for the first time. Block City and Sir Block are fun and relevant ways to remind them that we are here to help them tackle this challenge and get the best possible outcome at tax time.”

On Feb. 3 the company will unveil this exclusive experience with a live-streamed MCL tournament featuring professional Minecraft players, like CaptainSparklez and hannahxxrose. Eight teams of five top gamers from across the country will battle across multiple levels and compete to win a prize pool of $100,000. This H&R Block themed reboot of the iconic Minecraft Competitive League (MCL) can be viewed live by following any of the eight team captains – ItzMasayoshi, jojothamofo, Punz, SmallAnt, BadBoyHalo, BTMC and Fit – or any of their team members on their YouTube, Twitch or Kick accounts.

Beginning Saturday, Feb. 10 for 12 consecutive Saturdays at 2 p.m. EST, H&R Block will host community invitational MCL events with hundreds of gamers from around the country. These individuals will compete on teams to show off their gaming skills while exploring the exclusive H&R Block Minecraft experience. Links to watch the community events will be published each week by Moonrock, the creative agency partnering with H&R Block to bring this experience to life, on the brands social channels.

For the millions of Minecraft players, including those not participating in the MCL tournament or MCL community invitational events, three collectible in-game wearables/skins will be available for download at lunarclient.com/HRBlock. The “cloak” is available today using HRBlock as a download code. Two additional skins will come available in February and March on the 15th of each month, featuring a “pet” and an “emote.”

“Building this interaction of MCL has been a fun and highly collaborative process with H&R Block as a partner.” said Krishna Singh, VP of Game Development, Moonrock. “From custom branded maps, to a special never before seen powerful character, we hope gamers can engage with H&R Block and become acquainted or re-acquainted with the brand through this new and exciting Minecraft Competitive League experience.”

Gamers account for 79% of the overall population1, with players between the ages of 18-24 representing as much as 90%. By integrating H&R Block into Minecraft, H&R Block is reminding them that tax season is here, and that H&R Block is here to help. More than five million people switched to H&R Block in 2023 for its reliable tax filing products and services, all backed by the company’s 100% accuracy, maximum refund guarantees, and upfront, transparent pricing.2

“We believe in creating entertainment not ads as a way to connect with audiences and make a lasting impression,” said Max Bass, emerging connections director, GALE. “This MCL experience by H&R Block is a perfect example of how brands should integrate and engage with gamers in an authentic way.”

This fresh new experience was designed in partnership with H&R Block, GALE and Moonrock. Click the link to see a demonstration of the experience: https://youtu.be/YwqBb6Uxy00

  1. Knezovic, A. (2023, December 19). Gen Alpha and Gen Z Gamers: How They Engage with Games. https://www.blog.udonis.co/mobile-marketing/mobile-games/gen-alpha-gen-z-gamers
  2. Total number of new customers using assisted or DIY tax solutions regardless of other prior tax preparer or method. See hrblock.com/guarantees for complete details.

Full list of MCL competing players:

Team MasayoshiItzMasayoshi
Sleepy
Rainhoe
m0xy
5up
Team JoeBartJoeBart
jojothamofo
Hansumfella
Flowtives
Wallibear
Team PunzPunz
Hbomb94
FireBreathMan
CaptainSparklez
sagemommy69
Team SmallAntSmallAnt
Fruitberries
Feinberg
Meowmoonified
InTheLittleWood
Team BadBoyHaloBadBoyHalo
awesamdude
Antfrost
Sapnap
Aicandii
Team BTMCBTMC
Krtzy
Mrekk
JojoSolos
OrionSound
Team FitFit
pactw
Sneegsnag
Couriway
Krinios
Team WarnWarnTV
hannahxxrose
EskayOW
AntVenom
Purpled

About H&R Block H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

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H&R Block’s New Direct Import Feature Makes Switching from TurboTax to H&R Block DIY Online Fast and Easy https://www.hrblock.com/tax-center/newsroom/company-news/direct-import-feature/ Mon, 29 Jan 2024 13:00:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=63598 Direct Import enables tax filers to port last year’s return directly from TurboTax pulling in up to 150 fields to save time and effort KANSAS CITY, Mo. – Jan. 29, 2024 – H&R Block (NYSE: HRB) today introduced Direct Import, a fast, secure, and convenient way to simplify tax preparation for people who want to […]

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Direct Import enables tax filers to port last year’s return directly from TurboTax pulling in up to 150 fields to save time and effort

KANSAS CITY, Mo. – Jan. 29, 2024 – H&R Block (NYSE: HRB) today introduced Direct Import, a fast, secure, and convenient way to simplify tax preparation for people who want to switch from TurboTax to H&R Block DIY. Today, nearly 65 million people choose to file their own taxes. This innovative integration accelerates the tax preparation process and minimizes the time spent searching for and manually inputting the information from last year needed to file their taxes.

Direct Import pulls in an individual’s prior year tax return data from TurboTax directly into H&R Block DIY online products. A tax filer simply inputs the phone number associated with their TurboTax account to make the switch. H&R Block’s innovative integration then leverages authenticated data retrieval to import up to 150 data fields, saving tax filers significant time and effort.

“We hear from consumers that switching is daunting because it is too difficult to move their data. The perception is that switching is too hard even when they know there are better options,” said Heather Watts, SVP of Consumer Tax Products, H&R Block. “Direct Import is designed to remove the barrier to switching and give consumers complete control to choose Block for their taxes and the ease to bring their data with them.”

Direct Import offers a secure and convenient way to transfer personal tax information. Direct Import is available today. It is offered across all of H&R Block’s DIY online tax filing options at no extra cost when people prepare their taxes with H&R Block Free, Deluxe, Premium, or Self-Employed Online Editions.

More than five million people switched to H&R Block in 2023 for its reliable tax filing products and services, all backed by the company’s 100% accuracy, maximum refund guarantees, and upfront, transparent pricing.1 With the recent launch of AI Tax Assist, H&R Block is delivering DIY tax filers, in paid options, instant, unlimited AI tax help this season with the latest technology from Microsoft Azure OpenAI to further streamline and simplify the tax preparation process. Individuals in paid options also have access to live expert help at no additional charge.

For more information, visit HRBlock.com.

1. Total number of new customers using assisted or DIY tax solutions regardless of other prior tax preparer or method. See hrblock.com/guarantees for complete details.

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About H&R Block

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News or follow @HRBlockNews on X.  

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H&R Block Names Tax and Technology Industry Veteran Curtis Campbell as President, Global Consumer Tax & Chief Product Officer https://www.hrblock.com/tax-center/newsroom/company-news/hr-block-names-new-president-global-consumer-tax-and-chief-product-officer/ Tue, 23 Jan 2024 22:41:15 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=63582 KANSAS CITY, Mo., Jan. 23, 2024 – H&R Block (NYSE: HRB) today announced Curtis Campbell will join the company as its new President, Global Consumer Tax and its Chief Product Officer following the current tax season. As a member of the senior leadership team, Campbell will be instrumental in driving H&R Block’s ambitions for its customers, […]

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KANSAS CITY, Mo., Jan. 23, 2024 – H&R Block (NYSE: HRB) today announced Curtis Campbell will join the company as its new President, Global Consumer Tax and its Chief Product Officer following the current tax season. As a member of the senior leadership team, Campbell will be instrumental in driving H&R Block’s ambitions for its customers, communities, and team while delivering growth and profitability for the consumer tax business in the U.S., Canada, and Australia.

Campbell is a strategic leader with a proven track record of driving transformation, delivering innovation and achieving significant revenue growth across various industries, including tax, fintech, software, hardware, and cloud.

“Curtis is a unique executive and an inspiring leader. I’m thrilled he is joining H&R Block,” said Jeff Jones, President and CEO of H&R Block. “Having worked extensively in the tax industry and led product organizations for multiple global companies, he brings a depth of knowledge and experience that will elevate the experiences we create and drive growth in our consumer tax business.”

Campbell has a history of success in executive roles, including Managing Vice President at Capital One, Vice President at Intuit, and General Manager at Amazon Web Services. Most recently, he served as President and CEO of TaxAct, where, during his five-year tenure, he led the company through a dramatic transformation and double-digit revenue growth.

In his role as President of Global Consumer Tax, Campbell will lead an enterprise-wide agenda to deliver customer-centric strategies and exceptional client and tax professional outcomes with a focus on achieving strong financial performance for the global consumer business. Having led product organizations at Dell, Amazon Web Services and Intuit, Campbell will also leverage his deep product management experience and expertise as H&R Block’s Chief Product Officer to drive company-wide product management excellence.

“The H&R Block culture and rich heritage of helping people for nearly 70 years combined with the tremendous transformation the company has achieved under Jeff’s leadership is what inspired me to join the company,” said Campbell. “I’m looking forward to working with Jeff, the leadership team and the Global Consumer Tax organization to define and deliver industry-leading experiences and value for Block clients.”

For more information about H&R Block, visit HRBlock.com.

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About H&R Block 
H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

The post H&R Block Names Tax and Technology Industry Veteran Curtis Campbell as President, Global Consumer Tax & Chief Product Officer appeared first on H&R Block.

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H&R Block’s Block Advisors Launches Beneficial Ownership Reporting Service to Help Small Business Owners Comply with the Corporate Transparency Act  https://www.hrblock.com/tax-center/newsroom/innovation/new-beneficial-owner-report-service/ Tue, 16 Jan 2024 15:04:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=63551 The new service helps entrepreneurs determine if they are one of 32 million business owners covered by new U.S. Treasury Department requirements in 2024 and file confidently to avoid penalties.  KANSAS CITY, Mo., Jan. 16, 2024 – H&R Block (NYSE: HRB) today announced the launch of the Beneficial Ownership Information Reporting service by Block Advisors. […]

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The new service helps entrepreneurs determine if they are one of 32 million business owners covered by new U.S. Treasury Department requirements in 2024 and file confidently to avoid penalties. 

KANSAS CITY, Mo., Jan. 16, 2024 – H&R Block (NYSE: HRB) today announced the launch of the Beneficial Ownership Information Reporting service by Block Advisors. This service was created to help the more than 32 million business owners impacted by Beneficial Ownership Information reporting rules recently enacted by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN).  

As of Jan. 1, 2024, many business owners are required to report detailed ownership information to FinCEN. Limited liability companies (LLCs), corporations, limited partnerships, foreign entities, and other organizations that qualify as reporting companies registered to do business in any U.S. state are subject to the new Beneficial Ownership Information reporting rules. Qualifying companies established on or after Jan. 1, 2024 must file within 90 days of entity formation. Those formed before 2024 have until Jan. 1, 2025 to file.  

“Block Advisors provides millions of small businesses comprehensive support with tax preparation, business formation, bookkeeping, and payroll services all year. Our clients are among the large number of businesses being impacted by this new mandate,” said Jamil Khan, Chief Strategy and Small Business Officer at H&R Block. “Block Advisors introduced its Beneficial Ownership Information Reporting service to help small business owners navigate this new reporting requirement, so they are compliant and avoid costly penalties.”  

Willfully failing to file a Beneficial Ownership Information Report could lead to civil penalties of up to $500 per day for ongoing violations with a maximum penalty of $10,000. Individuals might also face criminal penalties, including imprisonment for up to two years. 

Beneficial Ownership Information Reporting service order page

Block Advisors’ Beneficial Ownership Information Reporting service was created with the client experience in mind and even includes a quiz to make navigating compliance easier. The quiz guides business owners through a few short questions to confirm they are required to report. After confirming the entity is required to report beneficial owners, the user enters business details and selects either one-time reporting for $99 or an annual compliance subscription for $149 per year, which includes unlimited Beneficial Ownership Information Report filings and updates for a single company.  

“Small business owners must navigate so many complex issues and challenges each day from staffing and payroll to balancing their books and paying taxes. New regulations only add to their workload. Block Advisors provides business owners with expert help at an affordable price so they can focus on what they do best and grow their business,” said Khan.  

To learn more about Block Advisors, visit www.BlockAdvisors.com and the Beneficial Ownership Information Reporting service at www.BlockAdvisors.com/beneficial-ownership-reporting.  

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About H&R Block 

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News or follow @HRBlockNews on X. 

The post H&R Block’s Block Advisors Launches Beneficial Ownership Reporting Service to Help Small Business Owners Comply with the Corporate Transparency Act  appeared first on H&R Block.

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File taxes with H&R Block’s free tax filing options https://www.hrblock.com/tax-center/newsroom/filing/tax-preparation-and-services/free-ways-to-file-taxes/ Tue, 09 Jan 2024 14:00:00 +0000 https://www.hrblock.com/tax-center/?post_type=newsroom&p=41870 If you’ve ever wondered if you can free file your taxes, you’re not alone. The good news? H&R Block offers free tax filing options for those who qualify throughout the tax season! Whether you’re new to filing a tax return or have been doing it for years, see how our tax preparation services can help […]

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If you’ve ever wondered if you can free file your taxes, you’re not alone. The good news? H&R Block offers free tax filing options for those who qualify throughout the tax season! Whether you’re new to filing a tax return or have been doing it for years, see how our tax preparation services can help you get the tax refund you deserve.

DIY options to file for free

H&R Block offers two DIY options to file taxes for free – H&R Block Free Online, plus another free option offered through a partnership. Read on to learn about these tax prep options and how to file your taxes for free this tax year.

Of course, filing online using tax software is designed for those who prefer to take control of their taxes on their own vs. handing them off to a tax preparer.

Switch to H&R Block in 5 clicks and do your own taxes online.*

H&R Block Free Online

H&R Block Free Online is designed for people with less complex filing situations, including taxpayers who have W-2 income, parents who want to claim the Child Tax Credit, as well as students and first-time filers. Our online service makes it easy to upload your tax documents and complete your federal tax return.

H&R Block Free Online includes an easy-to-use help center to provide assistance along the way and answer common questions about tax credits and deductions and more.

No income restrictions apply. Additional products and services, such as Tax Identity Shield and Tax Pro Review, are available at a cost. Learn more about H&R Block Free Online.

H&R Block partnership with Military OneSource

H&R Block supports the military by providing access to free returns to service members through Military OneSource. No income restrictions apply. Additional products and services, such as Tax Identity Shield and Online Assist, are not available. Learn more about Military OneSource and log-in to access services at Military OneSource.

Benefits of filing with Block

H&R Block makes tax preparation easy. Whether you free file your return with the Internal Revenue Service (IRS) through H&R Block Free Online or our Military OneSource partnership, get your max tax refund and so much more – guaranteed.

With our No Surprises Guarantee, you’ll always know the price of your tax prep. And, with H&R Block’s 100% Accuracy and 100% Satisfaction guarantees, rest assured that your tax return is in safe hands. Our tax professionals will help you maximize your federal return by finding every tax credit and deduction you deserve.

Learn more about our guarantees.

Free tax filing FAQs

  1. Where can I file my taxes for free?

Easily file your taxes for free this tax year with H&R Block Free Online. With features you’ll love, learn more about filing taxes online.

  1. What is included in H&R Block’s free tax preparation?

With H&R Block Free Online, you can claim various tax credits, such as the Earned Income Tax Credit (EITC), Child Tax Credit (CTC), deduct student tuition, payments, and loan interest, and report retirement income – for free!

  1. Is it easy to switch to H&R Block?

File with one of the other guys last tax season? No problem, you can switch to H&R Block Online in 5 clicks. All you need to do is upload last year’s tax return. Learn more about H&R Block Free Online vs TurboTax Free Edition and make the switch.

  1. What is included in the Military OneSource partnership?

H&R Block is committed to helping members of the military by providing tax assistance and free DIY tax preparation. Our partnership with OneSource lets service members file taxes for free. We can also help service members navigate their unique tax situation, including combat zone issues, Military Leave Earning Statements (LES) reporting, moving expenses, establishing and keeping a home state, and more.

*See available forms. TurboTax is a registered trademark of Intuit, Inc.

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