H&R Block, Intuit shares gain ground after IRS confirms refunds will be paid despite shutdown [MarketWatch]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: MarketWatch
H&R Block, Intuit shares gain ground after IRS confirms refunds will be paid despite shutdown Shares of tax preparation companies edged higher in midday trade Tuesday, despite the Internal Revenue Service's announcement that it would pay refunds as scheduled during the partial government shutdown. H&R Block Inc.'s stock HRB, +0.71% tacked on 0.1% and TurboTax parent Intuit Inc. shares INTU, +1.15% gained 0.7%. The IRS confirmed late Monday that it will start processing tax returns on Jan. 28 and provide refunds as scheduled. BMO Capital analyst Jeffrey Silber said that is a relatively late start to tax season compared with prior years, it is one day earlier than last year's start. Silber said this was good news for H&R's Block shares, "as fears of delays due to the partial government shutdown and changes under the Tax Cuts and Jobs Act (TCJA) appear to be unwarranted." He said the tax season's start date could pull some expected fiscal fourth-quarter revenue that ends April quar
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- Biden Promised IRS Funding Wouldn't Increase Audits For Regular Americans As IRS Audits Poorest Americans 5X More Often Than Others [Yahoo! Finance]Yahoo! Finance
- Tips for filing your 2023 taxes last minute [Yahoo! Finance]Yahoo! Finance
- Some H&R Block customers faced hours of outages on Tax Day [CNN]CNN
- ‘Change agent' Caitlin Clark prompts advertiser free-for-all: ‘She's jump-started a new era of basketball, and she's propelling women's sports forward' [Fortune]Fortune
HRB
Earnings
- 2/6/24 - Beat
HRB
Sec Filings
- 2/23/24 - Form 144/A
- 2/23/24 - Form 4
- 2/23/24 - Form 144
- HRB's page on the SEC website