KANSAS CITY, MO, Mar 08, 2010 (MARKETWIRE via COMTEX) -- H&R Block, Inc. (NYSE: HRB) -- Consolidated net income up 6.9% to $50.6 million, or $0.15 per share -- Net income from continuing operations of $0.16 per share, down $0.04 to prior year -- Total revenues decline 5.9% to $934.9 million H&R Block, Inc. (NYSE: HRB) today reported consolidated net income for the fiscal third quarter ended Jan. 31, 2010 of $50.6 million, or 15 cents per share, up 6.9 percent from the prior period of $47.4 million. Third quarter revenues declined 5.9 percent to $934.9 million, primarily driven by fewer tax returns prepared. Income from continuing operations of $53.6 million, or $0... more >>

Sandwich Generation Feeling the Squeeze of Supporting Elderly Parents, Boomerang KidsKANSAS CITY, MO, Mar 03, 2010 (MARKETWIRE via COMTEX) -- More than 40 percent of baby boomers who have a living parent are helping with their care.* Whether health or financial problems, or literally "giving back," millions of adults are assisting their parents with monetary support. Many also are raising children or supporting their Generation Y children, making them part of the sandwich generation. The sandwich generation may find relief in the form of tax breaks. The $3,650 qualifying relative exemption can help buffer expenses related with supporting parents. Non-relative qualifying dependents a... more >>

KANSAS CITY, MO, Feb 24, 2010 (MARKETWIRE via COMTEX) -- H&R Block Inc. (NYSE: HRB) today announced preliminary tax season results for the interim period through Feb. 15, 2010. Same-office tax returns prepared in retail operations fell 5.6 percent compared to the prior-year period. Total tax returns prepared through Feb. 15 were down 6.3 percent. Total retail returns prepared year-to-date fell 8.2 percent, while the net average retail fee per tax return increased 1.9 percent. Total digital returns prepared by H&R Block (consisting of H&R Block At Home(TM) online and desktop software products, excluding Free File Alliance returns) were down 1.8 percent. Total online r... more >>

KANSAS CITY, MO, Feb 22, 2010 (MARKETWIRE via COMTEX) -- The Board of Directors of H&R Block Inc. (NYSE: HRB) has declared a quarterly cash dividend of 15 cents per share, payable April 1, to shareholders of record March 11. The April 1 payment marks the company's 190th consecutive quarterly dividend. The company also announced its schedule for releasing interim results for the 2010 tax season now under way. The first report of interim tax season results through Feb. 15 will be released on Wednesday, Feb. 24, before the New York Stock Exchange market open. Consistent with prior practice, the company plans to make available interim results through Feb. 28, when the company rep... more >>

Military Families Can Maintain Permanent Residency During CareerKANSAS CITY, MO, Feb 16, 2010 (MARKETWIRE via COMTEX) -- Managing household paperwork, finances and taxes for military families just got easier thanks to the new Military Spouses Residency Relief Act, according to H&R Block (NYSE: HRB). The act affects the tax status of families when they move on military orders by allowing more flexibility when it comes to state taxes. Servicemembers often retain their permanent residency throughout their military service. Prior to MSRRA, servicemembers could maintain their home state as their permanent residence for the duration of their military career, despite frequent moves duri... more >>

H&R Block Gives Tips for Major Life ChangesKANSAS CITY, MO, Feb 12, 2010 (MARKETWIRE via COMTEX) -- Valentine's Day is just around the corner and what better time to talk about how falling in or out of love can also change a taxpayer's relationship with the IRS. By knowing what the tax rules are, taxpayers can be prepared when filing their tax returns. Being prepared helps them ensure they get the maximum possible tax benefits and, at the same time, avoid being hit with unexpected tax bills because of their new situations. "Typically, the bigger the life change, the more impact it will have on your tax situation," said Amy McAnarney, executive director of The Tax Institute at H&... more >>

All H&R Block At Home(TM) Online Products Offered at $14 for a Limited Time OnlyKANSAS CITY, MO, Feb 10, 2010 (MARKETWIRE via COMTEX) -- More than 80 percent of Americans received tax refunds last year and those refunds averaged $2,600, according to IRS data. Knowing this, H&R Block (NYSE: HRB) believes there is more to love about tax season than most people realize. To spread the love, H&R Block is offering a sweet deal. DIY taxpayers are invited to register to use any H&R Block At Home(TM) online product Friday, Feb. 12 through Sunday, Feb. 14 for only $14. Taxpayers can cozy up to their W-2s right away or simply take advantage of the special pricing, leave the tax ... more >>

Survey Shows 73 Percent Don't Know Unemployment Benefits Are TaxableKANSAS CITY, MO, Feb 02, 2010 (MARKETWIRE via COMTEX) -- The unemployment rate for 2009 hit 9.2 percent, but taxpayers are still confused about whether unemployment benefits are taxable and job search costs are deductible, according to a new survey by The Tax Institute at H&R Block (NYSE: HRB). As a result, taxpayers could be surprised at tax time. "Not knowing how much you have to pay on unemployment benefits or what you can deduct for job hunting expenses could be costly at tax time," said Amy McAnarney, executive director of The Tax Institute at H&R Block. "There are several new tax breaks for 2009 and job... more >>

Company Lends Expertise of 1,000 Tax Pros to Answer Tax Questions OnlineKANSAS CITY, MO, Feb 01, 2010 (MARKETWIRE via COMTEX) -- Along with new calendars, resolutions and football playoffs, January and February bring something many Americans dread: tax time. As taxpayers start receiving W-2s, collecting receipts and organizing tax documents, confusion often sets in. To help, H&R Block (NYSE: HRB) has assembled a 1,000-member team of tax professionals to answer tax questions for free online. "After more than 50 years preparing taxes, H&R Block knows that when it comes to taxes, people have questions. Lots and lots of questions," said Robert Turtledove, chief marketing office... more >>

New Online Approach Simplifies Tax Preparation ExperienceKANSAS CITY, MO and REDWOOD CITY, CA, Jan 27, 2010 (MARKETWIRE via COMTEX) -- H&R Block (NYSE: HRB), the nation's leading tax preparation company, and Yodlee, Inc., the leading provider of personal financial management (PFM), integrated payments and risk management solutions, today announced a strategic alliance to integrate H&R Block's market-leading tax expertise into the Yodlee online experience. Currently more than 25 million consumers access Yodlee's solutions through the nation's leading online banking and portal sites. Beginning next tax season, consumers will be able to use data from their personal financial acc... more >>