H&R Block 2017 New Years Challenge!
Is it still a good choice for filing your income taxes online.
Many challenges lay ahead for HR Block now that they have had a
real awakening to the issues in their business plan that don't seem
to be favoring growth in their overall year to year market share.
Focusing on professional tax services has left H&R Block with a
dominant share of the assisted tax filing market. However, this is a
fading service as more and more tax payers opt for the
do-it-yourself format that enables them to save some additional cash
on their tax filing.
H&R Block Moving Forward
Tony Bowen became Chief Financial Officer for H&R Block after
being a key leader at H&R Block for over a decade. Tony's depth of
knowledge about the HR Block business system as well as his
leadership abilities and financial insight are key factors in new
challenges they are facing.
H&R Block will be sharing more information regarding new
strategies for fiscal 2017 and beyond as their moving forward
outlook produces details on organizational changes, cost reductions,
and the company's capital structure and dividend policy.
The future for H&R Block is to focus on their long-term outlook for
the company. Developing an aggressive 2017 tax season strategy that
will appeal to a broad segment of tax preparation clients is
imperative. This H&R Block 2017 moving forward approach will include
a more compelling value proposition, anchored by H&R Block's expert
tax preparation services.
Aimed at client growth, HR Blocks forward view may need more
tweaking if they don't get it through their heads that the
do-it-yourself market is inevitably going to require their full
attention if they don't want to continue loosing market share.
Which Edition Should You Use?
H&R Block offers several choices for tax software products in
H&R Block Online Tax Preparation and Software
H&R Block Online Free Edition
- Free Online Tax Preparation for your simple tax returns. Try
H&R Block Free to prepare, print and e-file your income taxes.
H&R Block Online Basic Edition
- Use the Basic Edition and get Free Technical Support. Get
free help along the way from a live person through real-time
chat or phone. Plus, Free automatic import of your W-2, 1095-A,
1099, and last year's tax data from
H&R Block, TurboTax® or
H&R Block Online Deluxe Edition
- The Deluxe Edition guides taxpayers through Home Ownership
tax benefits for selling or buying a home. Investment support
for the sale of stocks, bonds and mutual funds, as well as
reporting dividends or capital gain distributions. Plus, Support
for retirement income plans and rollovers, along with payments
from your IRAs, 401(k)s, annuities, disability, pension and
more. Also charitable Donations tracking and reporting.
H&R Block Online Premier Edition
- Use the Premium Edition for Self-Employment Income
(Schedule C). Report your self-employment income and expenses
for your businesses or self-employment work. (Schedule E)
support for Rental Property and reporting royalties or income
and expenses from real estate owned and rented to others.
Includes Cost Basis analysis to determine the cost basis of your
home sale, dividend, gift and inheritance assets.
H&R Block Online Home and Business Edition
- HR Block Home & Business: Filing your Personal and
Business Tax Returns with fully guided support to maximize your
tax benefits for vehicle deductions, equipment and asset
depreciation, and business expenses like advertising, insurance,
supplies, etc. Support for corporations and S corporations (Form
1120 and 1120S), partnerships and LLCs (Form 1065), and
non-profits (Form 990). Create Payroll and Employer Forms for
the IRS (Forms 940 and 941) and distribute to your employees
(Forms W-2 and 1099).
program that looks like it will suit
you best and H&R Block will prompt you if another edition will work