H&R Block had a rough start to this year's tax season, but managed to boost its profits by 63 percent.
RELATED: H&R Block: Tax policy change brings drop in returns, revenue
The Kansas City-based tax preparer (NYSE: HRB) posted earnings of $434 million or $1.59 a share for fiscal year 2013, up from $266 million or $0.89 a share a year ago.
Revenue was $2.91 billion, up $12.2 million from last year. However, the company reduced expenses by $97 million to $1.6 billion.
It was a tax year that…
H&R Block had a rough start to this year's tax season, but managed to boost its profits by 63 percent.
RELATED: H&R Block: Tax policy change brings drop in returns, revenue
The Kansas City-based tax preparer (NYSE: HRB) posted earnings of $434 million or $1.59 a share for fiscal year 2013, up from $266 million or $0.89 a share a year ago.
Revenue was $2.91 billion, up $12.2 million from last year. However, the company reduced expenses by $97 million to $1.6 billion.
It was a tax year that…