H&R Block has rebuilt a program that gave taxpayers the opportunity to have their returns prepared online and reviewed by a tax professional and relaunched it as "Best of Both." As described by Sabrina Wiewel, the tax preparation company's chief tax network officer, it's a much different program than the one Block offered during the 2009 tax season.

Jackson Hewitt Tax Services reported it will open more of its retail tax stores than expected at Wal-Marts in time for the upcoming tax season. The company said it expects to be open in 1,800 to 1,900 Wal-Mart stores early next year. About 85 percent will be operated by francisees and the rest will be company owned. Jackson Hewitt also said it will launch its first online tax preparation software during tax season.

H&R Block has decided to rebrand its retail tax preparation software, TaxCut, which it purposed in 1994, as H&R Home, as the tax preparation giant takes a new approach to the market that it believes can take share from other software vendors and from competing tax store chains. The company outlined a plan to be more aggressive jn advertising and in going after tech-adept younger filers with its H&R Block Digital Tax division.