In the News

Taxes in the headlines, from pop culture to current events.

CRA
Apr 10th, 2014

Heartbleed and Filing Taxes – What to Know

You may have heard about a security flaw called “the Heartbleed bug” that is affecting various websites. You may also be wondering what it means for people electronically filing tax returns. Here’s what you need to know: Is H&R Block affected by the Heartbleed bug? We have found no risk to client data from this […]

Covenant House
Mar 29th, 2014

News Updates from the IRS and Last-Chance Donations to Covenant House [VIDEO]

If you haven’t yet, make sure to check out hipstertaxcrisis.com. There’s only a few more days to share the photos and videos, which represent donations we will make to Covenant House. Other news from the IRS and an update in Spanish, all in the video below.

Bitcoin
Mar 25th, 2014

IRS Issues Guidance on Virtual Currency

There’s been quite a buzz around Bitcoin as of late. Congress held hearings about the virtual currency last fall and Newsweek claimed to have identified its creator. However, arguably the biggest news came from the IRS today, which announced that virtual currencies will be treated as property for U.S. federal tax purposes. This clears up […]

Barack Obama
Jan 29th, 2014

President Announces MyRA in State of the Union Address

Ed note: At H&R Block we are always keeping on top of tax law and new financial policies, so of course we paid close attention to the President’s speech last night. Here’s a few details on a new retirement account he proposed. The annual State of the Union address. It’s a lot of clapping, a […]

deadline
Dec 18th, 2013

IRS Announces E-file To Open Jan. 31

Today, the IRS announced that 2013 e-file will open on Jan. 31, 2014. This date is later than the agency historically begins processing tax returns. Why the delay? We heard from the IRS back in October that the government shutdown would cause a delay to the start of the filing season. What does it mean […]

budget
Nov 26th, 2013

Top 5 mistakes when planning for Thanksgiving

Ed note: Sure, the idea of hosting all your family and friends for an unforgettable turkey feast with all the finest trimmings sounds great. Your guests will thank you but your wallet won’t. Our friend David Ning is here to help you have the perfect Thanksgiving while cutting some financial corners. Thanksgiving started out as […]