01/24/2022 | Press release | Distributed by Public on 01/24/2022 14:04
KANSAS CITY, Mo. (Jan. 24, 2022) - As record inflation continues to pressure Americans' paychecks, H&R Block (NYSE: HRB) is here to help people get their biggest refund possible in a year in which tax law changes require reconciling past federal payments, such as stimulus checks and the advance child tax credit.
"There are a variety of changes people will notice when filing taxes this year, including expansions in the tax code designed to help the U.S. economy and families recover from the pandemic," said Karen Orosco, president of global consumer tax and service delivery of H&R Block. "There's more money for more people - from new incentives to help families, others focused on getting people back to work, and programs that help businesses hire. Our tax experts at H&R Block can help navigate all of these changes and make a real difference for filers this tax season."
With online, drop-off, and in-person services, H&R Block can work with clients wherever and however clients prefer. People can easily upload tax documents using the company's MyBlock mobile app, have a live video chat with an H&R Block tax pro, or simply drop off documents and complete the filing process online later.
"We live in an on-demand society and tax preparation is no exception," said Orosco. "Especially during the pandemic, Americans have grown accustomed to virtual doctor's visits and food delivery in minutes from an app. H&R Block's approach has evolved, too. Our services allow people to get their taxes done on their terms. Clients can approve and pay online, get help along the way as they prepare their own taxes online, or have a video chat with one of our skilled tax pros, who on average have more than 10 years of experience."
Assisting customers with filing taxes in a stress-free and refund-maximizing manner, in whatever format meets their unique needs, is why H&R Block was voted "Best Tax Software Overall" by Bankrate in early 2022. Also new this year are enhancements to Block's DIY product, including added features to the topic of cryptocurrency to ensure filers are reconciling payments accurately.
Over the past two years, millions of households received federal payments such as stimulus checks and new advance child tax credit payments. This year, H&R Block stresses the importance of all Americans saving any letters received from the IRS about these payments and getting the expert help of a tax pro to make sure past federal payments were correct.
These are among the Top 10 things people should know when filing this year:
For more information on all of the ways to receive help from H&R Block when filing taxes this season, visit hrblock.com.
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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 and debit card, Spruce. Through Block Advisors and Wave, the company helps small business owners thrive with innovative products like Wave Money, a small business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically. For more information, visit H&R Block News or follow @HRBlockNews on Twitter.