Intuit and H&R Block saw their stocks drop 5% and 8%, respectively, on Tuesday (Nov. 19) after a media report that the incoming Trump administration is considering a free tax-filing app. The Washington Post reported in a paywalled article that Donald Trump’s Department of Government...
H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that the company made deceptive claims about “free” tax filing. The FTC filed an administrative lawsuit against H&R Block in February,...
H&R Block’s mobile banking platform has nearly quadrupled its customer deposits over the past year. Since its launch in January 2022, in cumulative results as of Dec. 31, 2023, the app, Spruce, has garnered $456 million in customer deposits, the company said in a slide presentation released Tuesday...
Everything’s digital now, and paper check fraud hails from a bygone age, right? Wrong. Data finds the exact opposite, as the glaring problem with remote check capture is that it leaves the actual paper instrument still out there to be altered or able...
November 28, 2022
Everything’s digital now, and paper check fraud hails from a bygone age, right? Wrong. Data finds the exact opposite, as the glaring problem with remote check capture is that it leaves the actual paper instrument still out there to be altered or able to be cashed a second time. It’s a problem […]
January 24, 2022
While most taxpayers dread the annual burden associated with the IRS and April 15th, for the nation’s top tax preparation firm — and those individuals lucky enough to be getting...
May 06, 2020
The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. The...
January 08, 2025
The FTC says it has finalized a $7 million settlement with H&R Block. The Federal Trade Commission (FTC) announced the settlement Wednesday (Jan. 8) as part of a larger agreement with the tax preparation company, which has agreed to make a number of changes to its practices before the 2025 tax filing season. The commission last year charged […]
November 19, 2024
Intuit and H&R Block saw their stocks drop 5% and 8%, respectively, on Tuesday (Nov. 19) after a media report that the incoming Trump administration is considering a free tax-filing...
November 12, 2024
H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that the company made deceptive claims...
February 06, 2024
H&R Block’s mobile banking platform has nearly quadrupled its customer deposits over the past year. Since its launch in January 2022, in cumulative results as of Dec. 31, 2023, the...
