H&R Block reports improved pace of early tax filings

Tax season is off to a faster start for H&R Block than it was a year ago, the Kansas City-based tax preparer reported Tuesday.

The company prepared 3.4 percent more tax returns through the end of February this year than it did in 2017, with increases coming across the board.

Block cited two programs as helping drive customers: its zero-interest and no-fee Refund Advance Loans, and its Free 1040 EZ filings. Both promotions target early filers.

Block saw 3.64 million filings using its do-it-yourself software and online platform. That marked an 8.2 percent increase from last year. Returns filed in Block offices were up 0.7 percent, to a total of 6.41 million.

The company said that it was performing better than national trends for filings released by the IRS in late February.

Read more: Kansas City Star


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