Beat the April 15 Tax Deadline, But Don't Leave Money Behind

Core Insights - H&R Block is providing last-minute tax filing tips as the April 15th deadline approaches, with 2025 filings slightly lower than the previous year, indicating many taxpayers may be rushing to file [1][2] Tax Preparation Insights - Millions of taxpayers miss out on valuable deductions and credits each year, leading to billions of dollars left unclaimed [2] - H&R Block's Tax Institute, comprising tax attorneys, CPAs, and enrolled agents, monitors tax code changes to assist a network of 60,000 tax professionals [2] Recommendations for Maximizing Refunds - H&R Block offers strategies to reduce tax liability and maximize refunds, including a free Second Look® tax review for up to three years of tax returns [3][4] - Commonly missed credits include the American Opportunity Tax Credit, Child Tax Credit (up to $2,000 per child), and Earned Income Tax Credit [6] - Taxpayers are encouraged to file even if they cannot pay, as the penalty for failing to file is significantly higher than for failing to pay [6] Filing Options and Support - H&R Block provides various filing options, including in-person assistance, DIY online tools, and a Tax Pro Review service for added confidence [15] - The company emphasizes the importance of including all sources of income, especially with new 1099-K reporting rules affecting gig workers and online sellers [6] Extension and Payment Information - Taxpayers unable to file by the deadline can request an extension until October 15, 2025, but must estimate and pay any tax due by April 15 to avoid penalties [9][10]