H&R Block
H&R Block is the most popular brand name in tax preparing. However, you should not assume that H&R Block is the best service for you. At Tax Prep 101 we urge you to consider a few factors before you decide the tax preparer or tax preparation method that is best for you.H&R Block has a number of services that are quite attractive. They provide fast, easy tax preparation with a simple interview process. In a face-to-face interview with an H&R Block representative you will be asked simple interview questions and you will get quick advice to help you file the return that best suits your needs.
H&R Block is also accessible. You simply walk into any office and wait for an available representative. As long as you have all your paper work you can begin filing a tax return.
H&R Block also offers a "maximum refund guarantee." If you find that you are entitled to a larger refund than the one H&R Block files for you they will refund their fee as long as you claim this during the same calendar year.
Advertiser Links
CPAs and other professionals are fully trained in taxes. A little known fact is that not all H&R Block representatives are certified agents or enrolled agents fully trained in tax law. H&R Block does not require their Tax Interviewers to be certified or enrolled agents; this is one reason why H&R Block representatives are easily available.
The "maximum refund guarantee" cancels criticisms of H&R Block's thoroughness. But H&R Block is not likely to make mistakes on the vast majority of common returns. Still, there are a number of consumer reports stating H&R Block did not file all entitled deductions.
H&R Block is also criticized for persuading consumers to purchase refund anticipation loans (RALs). Tax Prep 101 discourages our readers from purchasing this over-priced, problematic service.
For self-employed and more complex forms we recommend you seek out a qualified professional. You can ask your H&R Block representative about his or her qualifications as well. Note that the IRS is not likely to point out that you deserve a larger refund than the one you filed for. It is a statistical fact that many Americans overpay taxes.
If you have a complex tax return, and you want it filled out by someone who really knows their tax laws, shelters and other refund information, we recommend you look around and get a lot of information before you make your choice. You could save a lot of money. For more information, please refer to our page on professional tax preparers.
