H&R Block Financial Inc. experienced a nice boost in profits for fiscal year 2014, thanks to increased fees from tax preparation and financial services products.
The Kansas City-based tax preparer (NYSE: HRB) recorded $475.16 million in profits for its fiscal year ended April 30, up 9.5 percent over the previous fiscal year.
The number of U.S. tax returns prepared by H&R Block dropped 3.6 percent to 20.79 million, however U.S. tax preparation fees jumped 4.8 percent to $1.79 billion. The company…
H&R Block Financial Inc. experienced a nice boost in profits for fiscal year 2014, thanks to increased fees from tax preparation and financial services products.
The Kansas City-based tax preparer (NYSE: HRB) recorded $475.16 million in profits for its fiscal year ended April 30, up 9.5 percent over the previous fiscal year.
The number of U.S. tax returns prepared by H&R Block dropped 3.6 percent to 20.79 million, however U.S. tax preparation fees jumped 4.8 percent to $1.79 billion. The company…