Bob Scott

Bob Scott

Block Assisted Tax Clients Rose 7 Percent

H&R Block increased the number of assisted tax clients by 7 percent for recently ended tax season. That represented an increase of 700,000 customers, which translated into the best performance in 10 years, CEO Jeff Jones said during this week’s earnings webcast for the year ended April 30.

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TaxAct Tax Season Ends Strong

The last two weeks of the tax season were stronger than expected, Blucora said this week. The company, which owns the TaxAct line, raised its forecast for the second quarter ending June 30 and for 2021.

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IRS Updates Non-filer Sign-up Tool

The Internal Revenue Service has revised its Non-filer Sign-up tool  to enable for families  that usually do not normally file tax returns register for the monthly Advance Child Tax Credit payments. It is scheduled to be available on July 15.

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