As H&R Block begins its 60th Tax season, the world’s largest provider of consumer tax services is focusing on helping their clients get back billions in annual refunds. The IRS stated that more than three quarters of taxpayers got back some type of federal refund. In 2014, the average tax refund was around $2,800.
According to H&R Block, it is refund season NOT tax season. They are doing everything to maximize the refunds entitled and guaranteed to their clients. As a result, they have helped clients get billions of dollars in refunds every year.
The IRS will begin accepting tax returns beginning on January 20th 2015. The millions of taxpayers who generally get their money back in early February can easily file as they usually would and get their tax refund in a timely fashion.
Taxpayers should not wait to file their taxes. If you file in January, you can get your refund quicker if you go to H&R Block and have your refund directly deposited into your bank account or on to an Emerald Prepaid MasterCard®.
If you prepare your taxes online or in person, H&R Block tax experts are ready to help you to get the maximum refund possible.
With the new Affordable Care Act being one of the biggest changes to the tax code in over 20 years, this tax season is shaping up to be one of the most complex tax filing years ever. Also, 1 in 6 tax payers will be impacted with a variety of tax breaks extended by Congress late last year. This means these breaks can be claimed on the 2014 tax returns.