H&R Block Review

What is H&R Block?

H&R Block is a company that provides tax preparation and financial services to individuals and businesses. The company was founded in 1955 by Henry and Richard Bloch, and its headquarters are in Kansas City, Missouri, United States.

H&R Block offers a variety of tax services, including in-person tax preparation at its retail locations, online tax preparation software, and virtual tax preparation services. The company’s tax experts are trained to help clients maximize their refunds and minimize their tax liabilities.

In addition to tax preparation, H&R Block offers a range of financial services, including personal finance management, retirement planning, and investment advice. The company also provides bookkeeping and payroll services for small businesses.

H&R Block has grown to become one of the largest tax preparation companies in the world, with over 12,000 retail locations in the United States and abroad.

Overview Of H&R Block

H&R Block is a tax preparation and financial services company that was founded in 1955 by brothers Henry and Richard Bloch. The company is headquartered in Kansas City, Missouri, and provides services to individuals and businesses in the United States and several other countries.

H&R Block’s core business is tax preparation, which it offers through various channels including retail offices, digital software, and virtual tax preparation services. The company has over 10,000 retail offices in the United States, Puerto Rico, and other countries, making it one of the largest tax preparation companies in the world.

In addition to tax preparation, H&R Block offers a range of financial services such as personal finance management, retirement planning, and investment advice. The company also provides bookkeeping and payroll services for small businesses.

H&R Block has been recognized as a leader in the tax preparation industry and has won numerous awards for its services. The company’s tax experts are trained to help clients navigate the complex tax code and find all available deductions and credits to maximize their refunds and minimize their tax liabilities.

Overall, H&R Block has a long history of providing reliable and trusted tax preparation and financial services to its clients, and is committed to helping people achieve financial success.

H&R Block Plans and Pricing

H&R Block offers a variety of plans and pricing options for its tax preparation services, catering to the needs of different types of taxpayers. The company’s plans and pricing can vary by location and time of year, so it’s best to check with your local H&R Block office or visit their website for the most up-to-date information. Here’s a general overview of H&R Block’s plans and pricing:

1. Basic Plan: This plan is suitable for taxpayers with simple tax returns, such as those who only have W-2 income and claim the standard deduction. The cost of the Basic Plan typically starts at around $49, but prices may vary depending on your location.
2. Deluxe Plan: This plan is designed for taxpayers with more complex tax situations, including those who have itemized deductions, investment income, or rental property income. The cost of the Deluxe Plan typically starts at around $69, but prices may vary depending on your location.
3. Premium Plan: This plan is suitable for taxpayers with even more complex tax situations, such as those who are self-employed or have a small business. The Premium Plan includes all the features of the Deluxe Plan, plus additional guidance and support for small business owners. The cost of the Premium Plan typically starts at around $109, but prices may vary depending on your location.

In addition to the above plans, H&R Block also offers additional services and add-ons, such as Tax Pro Review, which allows you to have a tax professional review and approve your tax return before filing, and Peace of Mind Extended Service Plan, which provides additional audit protection and support. Prices for these services vary depending on your specific needs and location.

It’s worth noting that H&R Block’s pricing can be affected by a number of factors, including the complexity of your tax situation, the type of tax forms you need to file, and your location. Additionally, the cost of any add-ons or additional services you choose will be added to the base price of your chosen plan. To get a more accurate estimate of the cost of H&R Block’s services for your specific tax situation, it’s best to consult with a tax professional at your local H&R Block office.

H&R Block Features

H&R Block offers a variety of features to make the tax preparation process easier for individuals and businesses. Here are some of the key features offered by H&R Block:

1. In-Person Tax Preparation: H&R Block has over 10,000 retail locations across the United States where clients can meet with a tax professional and have their taxes prepared in person. This option provides clients with face-to-face interaction and personalized attention from a tax expert.
2. Online Tax Preparation: H&R Block offers a range of online tax preparation services, including DIY software and virtual tax preparation with a tax expert. Clients can prepare their taxes from the comfort of their own home or office, at their own pace.
3. Mobile App: H&R Block has a mobile app that allows clients to take a picture of their W-2 form and import the information directly into their tax return. The app also includes a tax estimator and tax refund tracker, as well as a feature that allows clients to chat with a tax professional.
4. Accuracy Guarantee: H&R Block offers a maximum refund and 100% accuracy guarantee for all tax returns prepared by its tax professionals. If there is an error on a client’s tax return, H&R Block will reimburse any penalties and interest incurred as a result.
5. Tax Pro Review: H&R Block offers a Tax Pro Review service that allows clients to have a tax professional review their tax return before filing. This service provides an added layer of assurance and peace of mind that the return has been checked for accuracy and completeness.
6. Audit Support: H&R Block provides audit support and representation for clients who are audited by the IRS. The company’s tax professionals will assist clients in gathering and organizing documentation, communicating with the IRS, and representing them in the audit process.

Overall, H&R Block offers a range of features and services designed to make the tax preparation process easier, more accurate, and more convenient for clients. Whether clients prefer to prepare their taxes in person or online, H&R Block has a solution to meet their needs.

Is H&R Block Safe to Use?

Yes, H&R Block is generally considered safe to use. The company has been in business for over 65 years and is one of the largest tax preparation and financial services companies in the world. H&R Block takes security and privacy very seriously and has implemented a number of measures to protect client information and prevent unauthorized access.

Here are some of the security measures that H&R Block uses:

1. Secure Data Transmission: H&R Block uses 128-bit SSL encryption to protect client data when it is transmitted between clients and the company’s servers.
2. Multi-Factor Authentication: H&R Block requires clients to use multi-factor authentication to access their accounts, which adds an extra layer of security to the login process.
3. Secure Storage: H&R Block stores client data in secure data centers that are monitored 24/7 and equipped with physical and electronic security measures.
4. Employee Training: H&R Block provides comprehensive security training for all employees to ensure that they understand best practices for protecting client data.
5. Third-Party Audits: H&R Block undergoes regular audits by third-party security experts to identify potential vulnerabilities and ensure that the company’s security practices are up to date.

In addition to these measures, H&R Block also offers a Maximum Refund Guarantee and a 100% Accuracy Guarantee for all tax returns prepared by its tax professionals, which provides an added layer of assurance and protection for clients.

Overall, while no system can be 100% foolproof, H&R Block takes security and privacy very seriously and has implemented a range of measures to protect client information and prevent unauthorized access.

Benefits of using H&R Block

There are several benefits to using H&R Block for tax preparation:

1. Convenience: H&R Block offers multiple options for tax preparation, including in-person appointments with a tax professional, online tax preparation, and mobile app tax preparation. This flexibility allows clients to choose the method that works best for their needs and schedule.
2. Expertise: H&R Block has over 60 years of experience in tax preparation and employs thousands of trained tax professionals who have extensive knowledge of tax laws and regulations. This expertise can help clients maximize their refunds and minimize their tax liability.
3. Accuracy Guarantee: H&R Block offers a 100% accuracy guarantee for all tax returns prepared by its tax professionals. If there is an error on a client’s tax return, H&R Block will reimburse any penalties and interest incurred as a result.
4. Refund Maximization: H&R Block’s tax professionals are trained to identify all available tax credits and deductions, which can help clients maximize their refunds.
5. Audit Support: H&R Block provides audit support and representation for clients who are audited by the IRS. The company’s tax professionals will assist clients in gathering and organizing documentation, communicating with the IRS, and representing them in the audit process.
6. Competitive Pricing: H&R Block’s pricing for tax preparation is competitive with other major tax preparation companies, and the company offers a range of packages and pricing options to meet the needs of different clients.
7. Trustworthy Brand: H&R Block is a well-known and trusted brand in the tax preparation industry, with a long history of providing high-quality service to clients.

Overall, using H&R Block for tax preparation can provide a range of benefits, including convenience, expertise, accuracy, refund maximization, audit support, competitive pricing, and a trustworthy brand reputation.

Is H&R Block worth it?

Whether or not H&R Block is worth it depends on individual circumstances and preferences. Here are some factors to consider:

1. Complexity of Taxes: If you have a relatively simple tax situation, such as only one job and no significant investments or deductions, you may be able to use a free tax preparation service or prepare your own taxes using tax software. However, if you have a more complex tax situation, such as multiple sources of income, self-employment income, rental property, or significant investments or deductions, working with a tax professional may be worth the cost.
2. Time: Preparing your own taxes can be time-consuming, especially if you have a complex tax situation. Working with a tax professional can save you time and hassle, as they can handle the bulk of the work for you.
3. Peace of Mind: Using a tax professional can provide peace of mind, as you can be confident that your taxes are being prepared accurately and that you are taking advantage of all available tax credits and deductions. This can be especially valuable if you are nervous about making a mistake on your taxes or are facing an audit.
4. Cost: The cost of using H&R Block or any other tax preparation service is an important consideration. H&R Block’s pricing is competitive with other major tax preparation companies, but it may be more expensive than some free or low-cost tax preparation options.

Ultimately, whether or not H&R Block is worth it depends on your individual tax situation, time constraints, and budget. If you have a relatively simple tax situation and are comfortable preparing your own taxes, you may not need to use H&R Block. However, if you have a more complex tax situation or would like the peace of mind and convenience of working with a tax professional, H&R Block may be worth the cost.

Bottom Line

H&R Block is a well-known and trusted tax preparation and financial services company that offers a range of options for tax preparation, including in-person appointments, online tax preparation, and mobile app tax preparation. The company employs thousands of trained tax professionals who have extensive knowledge of tax laws and regulations, and provides a range of benefits to clients, including convenience, expertise, accuracy, refund maximization, audit support, competitive pricing, and a trustworthy brand reputation.

Whether or not H&R Block is worth it depends on individual circumstances and preferences, such as the complexity of your tax situation, your time constraints, and your budget. However, if you have a more complex tax situation or would like the peace of mind and convenience of working with a tax professional, H&R Block may be worth the cost. Overall, H&R Block is a reliable and convenient option for tax preparation that can provide a range of benefits to clients.

FAQs

What is H&R Block?

H&R Block is a tax preparation and financial services company that provides a range of options for tax preparation, including in-person appointments, online tax preparation, and mobile app tax preparation.

Is H&R Block a good option for tax preparation?

H&R Block can be a good option for tax preparation, especially if you have a more complex tax situation or would like the peace of mind and convenience of working with a tax professional.

How much does H&R Block cost?

The cost of H&R Block’s tax preparation services varies depending on the complexity of your tax situation and the level of service you require. The company offers a range of packages and pricing options to meet the needs of different clients.

What types of tax services does H&R Block offer?

H&R Block offers a range of tax services, including tax preparation for individuals, small businesses, and corporations, tax planning, tax resolution, and audit support.

Does H&R Block offer any guarantees?

H&R Block offers a 100% accuracy guarantee for all tax returns prepared by its tax professionals. If there is an error on a client’s tax return, H&R Block will reimburse any penalties and interest incurred as a result.

How can I contact H&R Block?

You can contact H&R Block by phone, email, or in-person at one of its many locations. The company also offers live chat and support through its website and mobile app.