Investor Relations

Press Release Details

Last Minute Filers Can Rest Easy with H&R Block's Professional Tax Service

March 29, 2001

KANSAS CITY, Mo., March 29 /PRNewswire/ -- It happens every year: late tax filers scramble to collect the numerous forms needed to complete their tax returns or get an appointment with a CPA as the tax deadline looms. The IRS estimates one in four taxpayers have yet to file their returns this year, and these folks are looking for options to their tax dilemma. H&R Block has an answer, and it's just a mouse click away.

H&R Block's Professional Tax Service combines the benefits of complete professional tax preparation with the speed of the Internet, giving last minute tax filers a convenient Web-based solution to meet their tax needs. Best of all, a completed and signed tax return is delivered to the customer, usually within 48 hours.

"Our Professional Tax Service delivers fast, complete, and reliable tax preparation -- backed by the most trusted name in the tax industry," said Jeff Yabuki, H&R Block chief operating officer.

Customers provide their tax information online and H&R Block does the rest, matching their tax profile with the most appropriate advisor from the company's nationwide network of tax professionals.

Affordably priced at $99.95 regardless of the return's complexity, H&R Block's Professional Tax Service costs a fraction of the average CPA and includes one federal and one state return.

For a quicker refund, e-filing is available to qualifying customers. If they choose, customers can fax or mail a copy of their tax documents to the tax professional and H&R Block will e-file the federal return upon receipt.

About H&R Block

H&R Block Inc. (NYSE: HRB) is a diversified company with subsidiaries providing a wide range of financial products and services. In 2000, H&R Block served 19.2 million taxpayers -- more than any tax or accounting firm -- through its more than 10,000 offices located primarily in the United States, Canada, Australia, and the United Kingdom. H&R Block served another 1.8 million tax clients through its award-winning software program, Kiplinger TaxCut(R), and through its new online tax preparation services. H&R Block Financial Advisors, member NYSE, SIPC, offers investment services and securities products. H&R Block Mortgage Corporation and Option One Mortgage Corporation offer a full range of home mortgage products. RSM McGladrey Inc. is a national accounting, tax, and consulting firm with 100 offices nationwide, as well as an affiliation with 550 offices in 75 countries as the U.S. member of RSM International. Quarterly results and other information are available on the company's Web site at . SOURCE H&R Block Inc.

CONTACT: Neil Getzlow, 816-932-4886, or Janine Smiley, 816-932-4871, both of H&R Block; Ted Glickman of Fleishman-Hillard, 816-512-2380, for H&R Block/