Company Announcement - H&R Block, Inc. will report its fiscal 2025 third quarter results on May 7, 2025, after the market close [1] - A conference call for analysts, institutional investors, and shareholders is scheduled for 4:30 p.m. Eastern time on the same day to discuss the results and provide a business update [2] - The conference call will be available in a listen-only format for the media and public via a webcast, which will also be accessible for replay for 90 days after the call [3] Company Overview - H&R Block provides global tax preparation services, financial products, and small-business solutions, combining digital innovation with human expertise [4] - The company offers a mobile banking app, Spruce, to help clients manage their finances better and supports small-business owners with services like bookkeeping and payroll through Block Advisors and Wave [4] Contact Information - For investor relations, Jordyn Eskijian can be contacted at (816) 854-5674 or via email [5] - Media inquiries can be directed to the Media Desk via email [5]

Core Insights - The article discusses the growing gig economy and the launch of H&R Block's "Make It Legit" contest aimed at supporting gig workers in establishing themselves as legitimate small business owners [1][3][5] Group 1: Contest Overview - The "Make It Legit" contest will accept entries until May 4, providing three winners with professional business services and marketing support [2] - Winners will receive free business formation services, year-round tax expertise, and custom marketing materials, including a commercial [5] Group 2: Gig Economy Context - There are over 70 million individuals classified as gig workers in the U.S., many of whom do not view themselves as legitimate business owners despite being taxed as such [3][4] - A recent change in the 1099-K reporting threshold now requires independent workers to report earnings of $5,000 or more, significantly lowering the previous threshold of $20,000 [3] Group 3: Awareness and Education - A study by H&R Block found that nearly half of gig workers were unaware of the 1099-K change, and 50% remained unclear on the details as tax season began [4] - Many gig workers may be missing out on tax credits and deductions available to small businesses, potentially limiting their income [4] Group 4: Brand Promotion - H&R Block is promoting the contest through creative content creators who have successfully turned their passions into legitimate businesses, showcasing their stories through commercials [6]

Core Insights - The article discusses the impact of the new 1099-K earning threshold, which has lowered the reporting requirement for gig workers and side hustlers from $20,000 to $5,000, effectively classifying many as small business owners [3][4] - H&R Block has launched the "Make It Legit" contest to encourage gig workers to recognize their status as small business owners and to provide them with essential business services and marketing support [2][5] Group 1: Contest Details - The "Make It Legit" contest will accept entries until May 4, aiming to help three gig workers by providing professional business services and marketing support [2] - Winners will receive free business formation services, year-round tax expertise from H&R Block professionals, and custom marketing materials, including a commercial [5][6] Group 2: Gig Economy Insights - A study by H&R Block found that nearly 50% of gig workers were unaware of the 1099-K threshold change, and even after learning about it, 50% remained unclear on the details [4] - Many gig workers may be missing out on tax credits and deductions available to small businesses, potentially limiting their income [4] Group 3: H&R Block's Role - H&R Block has been providing tax assistance for 70 years and aims to inspire gig workers to operate confidently as small business owners [3][6] - The company blends digital innovation with human expertise to support clients in tax preparation and financial management [9]

Core Insights - Block Advisors by H&R Block and The Home Depot have partnered for the 2025 tax season to assist Pro Xtra members with administrative business tasks, offering discounted tax preparation services to help them focus on business growth [1][2] Group 1: Collaboration Details - The initiative aims to help Pro Xtra members manage business complexities, including taxes and bookkeeping, leveraging H&R Block's 70 years of expertise [2] - Pro Xtra members can access special offers on Block Advisors tax preparation and year-round services through The Home Depot [3] Group 2: Tax Benefits and Services - Block Advisors provides insights on various tax deductions and credits, including the 45L Tax Credit for energy-efficient home construction, Section 179 deductions for equipment and property, professional materials deductions, and vehicle and mileage deductions [6] - Specific discounts include $50 off tax preparation with a Small Business Certified Tax Pro, $25 off DIY online tax preparation, $25 off business formation services, and the first month free plus 10% off bookkeeping and payroll services [6]

Core Insights - H&R Block's scripted reality TV series "Responsibility Island" returns with a reunion episode aimed at making tax season more relatable and enjoyable for young adults, particularly first-time filers [2][4] Group 1: Series Overview - "Responsibility Island" debuted last year, featuring young adults who believed they were participating in a dating show but instead faced challenges related to adult responsibilities, culminating in the need to file their own taxes [2][3] - The reunion episode includes familiar contestants who discuss their progress and challenges since leaving the island, with new surprises and twists for the audience [3][4] Group 2: Marketing Strategy - H&R Block collaborates with Tinder to promote the series, highlighting the connection between dating and tax filing, particularly for their Gen Z customer base, where 87% file as singles [5][6] - A sweepstakes launched in conjunction with the series offers singles a chance to win $1,777, the average refund for single filers, emphasizing the financial support aspect during tax season [6] Group 3: Company Background - H&R Block has been a pioneer in tax preparation for 70 years, blending digital innovation with human expertise to assist clients in achieving the best outcomes during tax time [8] - The company also provides a range of financial products and small-business solutions, including year-round bookkeeping and advisory services [9]