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Block Advisors by H&R Block to Provide Timely Support for The Home Depot's Pro Xtra Loyalty Members
GlobeNewswire News Room· 2025-03-27 12:11
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]
The Cast of H&R Block's Hit Reality TV Parody “Responsibility Island” is Back, Promising Laughter, Tears, and
GlobeNewswire News Room· 2025-03-13 15:30
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]
Free tax filing: How to file your 2025 return for free
Yahoo Finance· 2024-02-05 18:05
Core Insights - The IRS Direct File option for free tax filing will no longer be available starting January 2026, but several alternatives for free tax filing remain available [1] Group 1: Free Tax Filing Options - IRS Free File is available for taxpayers with an adjusted gross income (AGI) of $84,000 or less, providing access to free tax preparation software through the Free File Alliance [3][17] - Free versions of popular tax software like H&R Block, TurboTax, TaxSlayer, and TaxAct are available, typically best for straightforward tax situations [5] - Volunteer Income Tax Assistance (VITA) offers free tax preparation for low- and moderate-income taxpayers, with eligibility requirements including an income of $67,000 or less [6][7] - Tax Counseling for the Elderly (TCE) provides free tax preparation services to older taxpayers, primarily those aged 60 and above, focusing on simple tax returns [9][10] - MilTax offers free tax filing for military members and veterans, with no income limits and specialized support for military-related tax issues [10][11] Group 2: Limitations and Additional Information - The IRS previously offered free, fillable forms online, but these are no longer available for electronic filing [12] - Some free filing options may involve additional fees for state tax returns [12] - Taxpayers must still file a federal tax return even if they have paid estimated or self-employment taxes quarterly [14]