Welcome to our dedicated page for Block (H.&R.) news (Ticker: HRB), a resource for investors and traders seeking the latest updates and insights on Block (H.&R.) stock.
H&R Block, Inc. (NYSE: HRB) generates a steady stream of news related to its global tax preparation services, financial products, and small-business solutions. This HRB news page on Stock Titan aggregates company press releases and third-party coverage so readers can follow how H&R Block evolves its offerings, communicates with shareholders, and manages leadership transitions.
Recent news highlights include updates on the company’s digital tax ecosystem, such as the inclusion of Tax Pro Review at no additional cost for new clients using paid DIY online tax products for a limited period. H&R Block has also announced tools like AI Tax Assist, Unlimited Expert Help, and tax calculators, reflecting its focus on combining digital experiences with human tax professional support.
Investors and customers can track announcements about financial products tied to the Emerald Card, Spruce mobile banking, and Emerald Advance loans, as well as initiatives like the Saving Surge Sweepstakes that encourage better saving habits through Spruce. Coverage also includes small-business-focused programs, such as Block Advisors’ Fund Her Future grant program for women-owned small businesses, which provides grants and access to Block Advisors services.
From an investor perspective, HRB news includes quarterly and annual earnings releases, capital allocation updates on dividends and share repurchases, and information on debt offerings through Block Financial LLC. Governance and leadership developments—such as CEO succession plans, new senior technology and operations leaders, and board-related announcements—are also common topics.
By reviewing the HRB news feed, readers can see how H&R Block communicates its strategy around tax seasonality, digital innovation, small-business services, and financial tools like Spruce, all of which shape the company’s profile in the tax preparation and financial services landscape.
H&R Block (NYSE: HRB) is poised to assist clients in claiming the new tax break for unemployment income as part of the American Rescue Plan Act. Clients who filed taxes with unemployment income in 2020 need not amend their returns, as per IRS guidance. The plan exempts the first $10,200 of unemployment income from taxation for eligible taxpayers. H&R Block is offering resources and updates to clients, addressing tax implications and job search credits, as states finalize their alignment with the federal tax break.
Block Advisors, a division of H&R Block, aims to assist small business owners in navigating the complexities of tax implications associated with pandemic-related stimulus aids, including the Payroll Protection Program and Economic Injury Disaster Loans. Recent findings reveal that just 28% of small business owners feel confident in understanding these financial impacts. Furthermore, 69% of owners value professional tax assistance. Block Advisors offers services designed to alleviate tax burdens, helping businesses thrive amidst ongoing financial challenges.
H&R Block (NYSE: HRB) announced on March 16, 2021, that the processing of third stimulus payments to Emerald Cards was completed. The IRS indicated that payments would be available in bank accounts by March 17. H&R Block has collaborated with the IRS to streamline this process. Clients can verify their payments through the myBlock app or by contacting the Emerald Card support line. Additionally, further stimulus payments may be accessible if conditions change during tax filings. More information can be found on H&R Block’s website regarding COVID-19 relief impacts on taxes.
H&R Block (NYSE: HRB) highlights the significance of the third stimulus payments for American households and small businesses. The IRS is set to initiate direct deposits for most individuals by March 17, 2021, with subsequent payments delivered in batches. Customers using the H&R Block Emerald Prepaid Mastercard® will be among the first to receive these funds. Clients can check their stimulus payment status via their myBlock account. Additional resources, including a stimulus payment calculator and tax impact guides, are available on H&R Block’s website.
H&R Block Announces New Leadership
On March 12, 2021, H&R Block (NYSE: HRB) appointed four vice presidents to enhance its retail and product experience divisions. This move aligns with the company’s strategic growth initiative, Block Horizons 2025. Jeff Jones, president and CEO, emphasized the importance of combining digital capabilities with human expertise to enhance the customer experience. New leaders include Karisa Booker, Mark Darling, Scott Runkel, and Ryan Weber, each bringing valuable experience to improve customer understanding and operational efficiency aimed at driving company growth.
H&R Block provides online tools to help individuals and small business owners navigate the new provisions of the American Rescue Plan Act. The Act offers significant changes in stimulus payments, providing $1,400 per individual and $2,800 per couple, with expanded eligibility for dependents. Key income thresholds have also shifted, with payments phasing out at lower income levels compared to previous rounds. Additionally, the Act includes a tax exemption for the first $10,200 of unemployment benefits for households earning under $150,000.
H&R Block, Inc. (HRB) reported its fiscal 2021 third quarter results, revealing a 41% decline in revenue to $308 million due to a delayed U.S. tax season. GAAP loss per share increased from $(0.66) to $(1.27>, while adjusted loss per share rose from $(0.59) to $(1.17. Despite these challenges, the company anticipates strong free cash flow and a quarterly dividend of $0.26 payable on April 1, 2021. The company remains optimistic about finishing the fiscal year strong, driven by its Block Horizons strategy.
H&R Block (NYSE: HRB) has announced the integration of its Block Advisors tax services with Wave's accounting software, simplifying tax filing for small business owners. This new feature allows automatic transfer of bookkeeping data to certified tax professionals, saving time during tax season. Ian Hardman from H&R Block highlighted the importance of reducing administrative burdens for small business owners. The seamless data transfer could aid businesses during challenging economic times due to the pandemic, improving both efficiency and accuracy in tax preparation.
H&R Block (NYSE: HRB) declared a quarterly cash dividend of 26 cents per share, set to be paid on April 1, 2021, to shareholders on record as of March 16, 2021. The company has maintained consecutive quarterly dividends since its public offering in 1962, underscoring its commitment to returning value to shareholders.
H&R Block (NYSE: HRB) will announce its fiscal 2021 third quarter results on March 9, 2021, post-market. Alongside the earnings report, a conference call will occur at 4:30 p.m. ET to discuss results, outlook, and updates. Interested parties can join by dialing U.S./Canada (866) 987-6821 or International (630) 652-5951. A replay will be available after the call. Shareholders and investors can access the press release and webcast through H&R Block’s investor relations website.
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