How I File My Business and Individual Taxes With Block Advisors by H&R Block - XiXi Yang (2024)

FAQs

Is Block Advisors and H&R Block the same company? ›

31 Our small business tax professional certification is awarded by Block Advisors, a part of H&R Block, based upon successful completion of proprietary training. Our Block Advisors small business services are available at participating Block Advisors and H&R Block offices nationwide.

The Business software saves files with an ATX extension which is actually a back up file. The file folder for business returns is in Documents > H&R Block Business folder.

We're happy to help you change your H&R Block account or downgrade to a different H&R Block tax program to get a better fit. To downgrade your account or change to H&R Block Free Online, just call us at 1-800-472-5625 and tell us what you need. When prompted, you can say any of these: Downgrade.

Go to the Taxes tab, then choose Prior Years from the navigation bar at the top of your screen. From there, you can view your return summaries or download and print individual returns. If you filed with H&R Block Free Online, you can pay a small fee and get access to your prior-year return.

H&R Block used deceptive marketing and unfairly deleted tax filer data, FTC complaint alleges. The Federal Trade Commission has filed an administrative complaint against H&R Block, alleging the company deceptively marketed free filing products and wrongfully deleted users' tax data.

A CPA is a licensed, certified professional who specializes in your specific tax needs. Further, they have focused their careers on knowing the ins and outs of up-to-date tax laws and regulations. It is important to understand the services provided by H&R Block may not be the same quality when handled by a non-CPA.

Each file you upload must be less than 5 MB. We automatically scan attachments for viruses.

All businesses except partnerships must file an annual income tax return. Partnerships file an information return. The form you use depends on how your business is organized. Refer to Business Structures to find out which returns you must file based on the business entity established.

To request a filing extension, use the California Department of Tax and Fee Administration's (CDTFA) online services. You must have a CDTFA Online Services Username or User ID and Password. You must submit a request for extension no later than one month after the due date of your return or prepayment form and payment.

Are There Other H&R Class Action Lawsuits? Yes. H&R Block has been named as a defendant in multiple class action lawsuits related to sharing confidential tax data.

Who pays if H&R Block makes a mistake? ›

If the H&R Block tax preparation software makes an error on your return, we will reimburse you for any resulting penalties and interest up to a maximum of $10,000.

H&R Block covers more filers with its free option. The two Deluxe options are the same in terms of price, but TurboTax's Deluxe option supports more forms that self-employed, freelance and contract workers may need. Both services are user-friendly but TurboTax is slightly simpler with more straightforward language.

For example, if you file with H&R Block Online, you can file one federal return for free. However, if you're using one of our Tax Software options, you can e-file five federal returns for free.

Many people may lose out on their tax refund simply because they did not file a federal income tax return. By law, they only have a three-year window from the original due date, normally the April deadline, to claim their refunds.

In fact, you'll be able to access any of the returns you prepared with us in the last six years. To get a copy of your H&R Block online prior-year return, sign in to your account with the same username and password used to originally create the account. Then, just access the Prior years link in the Taxes section.

In 2008, the company sold its H&R Block Financial Advisors unit to Ameriprise Financial for $315 million. At the time, the unit managed $30 billion in assets and employed 900 financial advisors in the U.S.

H&R Block, a nationwide tax preparation firm, announced that it will close 400 locations after accepting that their stores will not be generating as much revenue as they had hoped for in 2018.

"H&R Block designed its online products to present an obstacle course of tedious challenges to consumers, pressuring them into overpaying for its products," Samuel Levine, director of the FTC's Bureau of Consumer Protection, said in a statement.

If the H&R Block tax preparation software makes an error on your return, we will reimburse you for any resulting penalties and interest up to a maximum of $10,000. Terms and conditions apply; see H&R Block's Accurate Calculations Guarantee for details. Not available for changes in tax laws after January 1, 2024.