• H&R Block shares skid again on store-shuttering plan

    10 days ago - By Chron

    WASHINGTON - Shares of H&R Block were down for the second day in a row following the tax preparer's announcement that it would shutter 400 offices in response to a new tax law that could simplify the average American's return.
    As more people opt for do-it-yourself software such as TurboTax, the Kansas City, Missouri company said it would invest in new technology and focus on retaining customers by providing a range of options for them to file their taxes.
    H&R Block reported a 4 percent increase in revenue and a 2.5 percent jump in its U.S. client base in 2018, but the company said it...
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  • For Public Company Accountants, New Tax Law Is More A Nightmare Than A Bonanza

    11 days ago - By Forbes

    President Trump could have given accountants breathing room had he signed the tax bill after December 31, so that there would have been no effects on deferred tax assets or liabilities for tax year 2017. But he didn't.
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