H&R Block National Tax Advice Day Goes Digital

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Deduct an iPod? Write-off moving expenses? Tax tips, a tax calculator and tax deduction tools are now available at NationalTaxAdviceDay.com.

Maximizing tax deductions is the mission for millions of American taxpayers every year. This year, H&R Block (NYSE: HRB) is providing more assistance than ever as it celebrates H&R Block National Tax Advice Day (http://www.NationalTaxAdviceDay.com) on January 12 - a nationwide initiative to raise public awareness of the major changes or missed credits that have the greatest impact on taxpayers. The IRS begins accepting e-filed tax returns the following day, January 13.

“National Tax Advice Day is about making sure Americans get the tax advice that matters, the tools they need, and the expertise they demand right now, as we kick-off the tax season,” said Tom Allanson, senior vice president and general manager, H&R Block Digital Tax Solutions. “Whether you want to know if you can deduct an iPod, deduct school supplies, or calculate the impact of new tax laws, we have the experience, technology, and tools that can make a real difference to every taxpayer.”

Allanson noted that the need for advice is greater than ever, with a wide range of commonly missed deductions that can impact the bottom-line for taxpayers who know their options. Nationwide, for example, 4.1 million taxpayers miss taking education credits and deductions, and 7.3 million taxpayers miss claiming the Earned Income Tax Credit.

Get started now at http://www.NationalTaxAdviceDay.com:

H&R Block is offering extensive tax advice to help people get the maximum refund, understand changes in the law, and get started on their taxes. Hundreds of tips, common and unusual, plus tax calculator and tax deduction tools, are available at http://www.NationalTaxAdviceDay.com.

From information about Katrina-related tax relief and tax breaks for energy-saving purchases like hybrid cars, to more unusual tax deductions (like posing oil for body builders and pet relocation expenses), H&R Block has developed extensive resources and product choices to enable people to get the help they need when they need it online.

“Each year, half of all taxpayers, or 66 million Americans, wait until the last 30 days to file their taxes and this leads to errors, missed deductions, and a more stressful tax experience,” Allanson said. “By getting started now, do-it-yourself taxpayers can educate themselves on changes and be aware of how their situation may change this year and ensure they understand all of the deductions that can directly add money to their wallets.”

Also at http://www.NnationalTtaxaAdvicedDay.com, taxpayers can access a wide range of new products from H&R Block. H&R Block TaxCut Online do-it-yourself tax products are backed by over 50 years of tax preparation expertise. No other tax services company today can make this claim. The TaxCut Online suite of products for Tax Year 2005 are tailored for every type of taxpayer, from those with the most simple to the most complex tax and financial situations, and are conveniently located at http://www.taxcut.com and http://www.hrblock.com.

In addition to its online efforts, H&R Block is kicking off the tax season by mobilizing its network of more than 70,000 tax professionals. H&R Block tax professionals will be hitting the streets across America all week at events around the country and in communities nationwide, delivering free advice on tax topics with the most widespread impact.

About H&R Block Digital Tax Solutions

H&R Block Digital Tax Solutions develops and publishes consumer financial and personal productivity software and online programs for the leader in tax preparation and services, H&R Block. titles include the H&R Block TaxCut family of products — TaxCut Standard, Deluxe, and Premium — as well as the family of online tax preparation products found at http://www.hrblock.com and http://www.taxcut.com.

About H&R Block

H&R Block, Inc. is a diversified company with subsidiaries that deliver tax services and financial advice, investment and mortgage services, and business accounting and consulting services. The company’s mission is to help clients achieve their tax and financial objectives by serving as their tax and financial partner. Additional information is available on the company’s Web site at http://www.hrblock.com.

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Denise Sposato



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