H&R Block Helps Hourly Workers Navigate New Tax Relief on Tips and Overtime Pay
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: GlobeNewswire
KANSAS CITY, Mo., March 19, 2026 (GLOBE NEWSWIRE) -- H&R Block (NYSE: HRB) tax professionals and do-it-yourself online tax solutions help clients navigate new rules that impact taxpayers who earn tips and overtime pay, making sure no one leaves money on the table. With these surprise deductions now available for the 2025 tax year, service workers across the country may be able to catch a tax break. These two provisions of the new tax law can help keep more money in the pockets of service workers whose contributions fuel our economy. No Tax on Tips Earned - allows workers to deduct up to $25,000 of income earned in qualified tips.No Tax on Overtime Income – allows workers to deduct up to $12,500 ($25,000 for joint filers) on the premium portion of their qualified overtime pay. To get started, taxpayers can take advantage of H&R Block’s free tax calculator for customized estimates that account for the new rule changes. “Restaurants are the economic engine of their communities,” s
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HRB
News
- New tax break for car loan interest explained [Yahoo! Finance]Yahoo! Finance
- Done with tipping? So are two-thirds of Canadians, H&R Block survey says [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2026 tax season: Can I write off child or elder care expenses? [Yahoo! Finance]Yahoo! Finance
- Don't sell too early: A lesson from Olo's billionaire founder [Yahoo! Finance]Yahoo! Finance
- Over 80% of Canadian Students Get Tax Refunds at H&R Block Canada; Key Filing Tips for Tax SeasonGlobeNewswire
HRB
Earnings
- 2/3/26 - Beat
HRB
Sec Filings
- 2/5/26 - Form 10-Q
- 2/5/26 - Form SCHEDULE
- 2/3/26 - Form 8-K
- HRB's page on the SEC website