Finance

H&R Block Provides Free Mid-Year Tax Review Amid Changing Refund Trends

Published August 2, 2024

KANSAS CITY, Mo.— With the close of the tax season, American tax filers are adjusting to the shifting landscape of refunds. IRS data indicated that while the average refund amount increased in 2024, there were fewer recipients. In response to these changes, H&R Block HRB, a leading tax preparation firm, is offering a free mid-year check-in. This initiative is intended to help clients navigate the complexities of tax planning, ensuring they can maximize their refunds and mitigate any unexpected tax scenarios for the next filing season.

Understanding the Current Tax Refund Trends

Recent IRS statistics have highlighted a notable shift in the pattern of tax refunds. Although the average refund has seen an upswing, not all taxpayers were on the receiving end. This indicates varying factors impacting this change, prompting individuals to pay closer attention to their tax strategies throughout the year. H&R Block HRB emphasizes the importance of this approach through their complimentary consultation offer.

H&R Block's HRB Free Mid-Year Review and Its Benefits

H&R Block HRB aims to ease the uncertainty surrounding tax refunds with its mid-year tax review program designed to help taxpayers understand the implications of their current financial decisions on the upcoming tax season. The service is particularly beneficial in identifying potential tax credits and deductions early. According to H&R Block HRB, staying proactive could lead to improved outcomes when it comes to refund maximization and the avoidance of unwanted surprises at the end of the tax year.

Rooted in Kansas City, Missouri, H&R Block, Inc. HRB offers a wide range of tax-related services and products, including assisted and DIY (do-it-yourself) income tax return preparation. These services cater to the needs of clients in multiple regions, predominantly across the United States, Canada, and Australia.

taxes, refunds, check-in