H&R Block(US:HRB) Globenewswire·2025-04-08 12:00Core Insights - H&R Block is providing last-minute tax filing advice as the April 15th deadline approaches, emphasizing the importance of maximizing refunds and ensuring taxpayers do not miss out on potential deductions and credits [1][2]. Group 1: Tax Filing Tips - 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 [3]. - It is crucial to double-check dependents claimed on tax returns, as many taxpayers may qualify for additional credits or deductions by including elderly parents or adult children [3]. - Commonly missed credits include the American Opportunity Tax Credit, Child Tax Credit, and Earned Income Tax Credit, which can significantly impact refunds [3]. Group 2: H&R Block Services - H&R Block offers a free Second Look® tax review to identify missed credits or deductions from the past three years, a service not provided by other companies [4]. - The company provides various filing options, including in-person assistance from tax professionals and DIY online tools supported by AI [5][13]. - H&R Block's Tax Institute consists of tax experts who monitor changes in tax laws to assist clients effectively [2]. Group 3: Filing Extensions and Deadlines - Taxpayers unable to file by the April 15th deadline can request an extension until October 15, 2025, but must still estimate and pay any owed taxes by the original deadline to avoid penalties [7][8]. - The IRS may grant automatic extensions for those affected by natural disasters, and taxpayers are advised to check eligibility [8].