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U.S. News Thread About, H&R Block posts 3Q loss |
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H&R Block posts 3Q loss; tax season figures rise
EILEEN AJ CONNELLY - The Associated Press 08:35:23PM (ET) Wednesday,March 9,2011. NEW YORK (AP) — H&R Block Inc. on Wednesday posted a net loss for its fiscal third quarter, but offered positive data on the first part of tax season. Through February, the Kansas City, Mo.-based company said it prepared 6 percent more tax returns than a year ago. Total digital returns gained 13 percent, with online returns leaping 30 percent. The increase in online returns is a positive sign for Block, which has lagged the competition for do-it-yourself customers in recent years. The positive data helped to offset Block's third-quarter results. More-->LocalNet - H&R Block posts 3Q loss; tax season figures rise ------------------------------------------------------------------ * Easier and efficient way of doing taxes. *
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