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Tax Service Provider For Individuals and Businesses: H&R Block

H&R Block is a global tax preparation company founded in 1955 that operates over 12,000 retail tax offices worldwide. It offers individual and business tax preparation services both in person and online. In addition to tax services, H&R Block has expanded into offering financial services such as loans, banking, and identity theft protection. The company generates over $3 billion in annual revenue.

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309 views2 pages

Tax Service Provider For Individuals and Businesses: H&R Block

H&R Block is a global tax preparation company founded in 1955 that operates over 12,000 retail tax offices worldwide. It offers individual and business tax preparation services both in person and online. In addition to tax services, H&R Block has expanded into offering financial services such as loans, banking, and identity theft protection. The company generates over $3 billion in annual revenue.

Uploaded by

Sathish Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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H&R Block

Tax Service Provider for Individuals and Businesses

H&R Block, Inc., is an American tax preparation company operating in North America, Australia, and
India. The company was founded in 1955.

As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals
worldwide. It also offers consumer tax software as well as online tax preparation and electronic filing
from their website. It also offers payroll, and business consulting services.

It’s a Tax Service Provider for Individuals and Businesses with over 800 Million returns filed
worldwide annually. It came to India in 2012. H&R Block provides services of Individual Income Tax
Filing, U.S. Expat Tax Filing, Business Tax preparation and GST managed services. The company
began to expand into the financial services arena, offering mortgage loans, banking and business
services.

Corporate Affairs
H&R Block is governed by an 11-member board of directors. As of April 30, 2018, H&R Block employs
approximately 2,700 regular full-time employees, and as many as 90,700 including seasonal
employees. It generates over $3 billion annually in revenue. The company also runs The Tax Institute
at H&R Block.

Business Areas
Retail and digital tax services
H&R Block has 70,000 employees in its 10,000 U.S. retail tax offices. In addition to the company's
traditional retail tax offices, it offers digital tax preparation programs and software. It filed 23 million
tax returns worldwide in 2016.

Block Advisors
It offers service that provides year-round consumer tax preparation. The company has opened about
350 Block Advisor offices. Its advisors include certified public accountants, enrolled agents, or have
been certified by H&R Block as master tax advisors.

Partnerships
 With Xero: As part of this alliance, H&R Block will exclusively promote Xero as its preferred
small business online accounting solution. H&R Block has 11,000 branded locations
nationwide, and will recommend Xero in the locations that sell H&R Block’s Small Business
Program suite of services.
 With Walmart: To make H&R Block software the only desktop tax preparation software sold
at the retailer's stores.
 With Amazon: For better product placement of its suite of software products.
 With IBM: To bring IBM Watson technology into its retail offices. Under the partnership,
H&R Block tax pros received access to IBM's artificial intelligence system to help tax pros
prepare better tax returns for clients.
 With LendingTree: To allow customers credit score access via MyBlock.

Other products and services


 H&R Block began its Expat Tax Services program to offer tax advice to U.S. citizens living
outside the country
 H&R Block maintains financial services products, including,
o Emerald Card pre-paid debit card
 Direct Deposit for Faster Access
 Check-To-Card Service
 Approved Reload Networks
 Money Transfer

o Emerald Advance line of credit


o Tax Identity Shield (offers identity theft protection)

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