At H&R Block, we understand the importance of providing our clients with peace of mind. That is why we offer a range of services that are specifically designed to provide our customers with the ultimate peace of mind.
Our tax preparation services provide our clients with unprecedented accuracy, precision, and speed. We will ensure that you are compliant with all of the required federal, state, and local tax laws. We also offer financial advice that will help you make smart decisions regarding your finances and investments.
Additionally, our audit protection services include representation from a professional tax specialist to offer expert assistance should your return be chosen for an audit. Furthermore, our tax resolution services help our clients successfully resolve IRS controversies.
Finally, we offer our unique Online Assist which provides the most comprehensive online support to help you gather the necessary documents and prepare your taxes online. With H&R Block, you can confidently gain peace of mind because we guarantee the highest level of accuracy, speed, and quality of service.
Is H&R Block responsible for mistakes?
Yes, H&R Block is responsible for mistakes. H&R Block is a tax preparation service that is held to the same standards as all other tax preparation services. That means that mistakes made when preparing a tax return are the responsibility of H&R Block.
If a taxpayer discovers a mistake that results in a gain or loss in their refund due to a mistake, it is H&R Block’s responsibility to correct the mistake and compensate the taxpayer, or the taxpayer’s representative, with the difference in their refund.
H&R Block may also be liable for additional costs incurred as a result of a mistake; however, this will depend on the type of mistake, the individual circumstances of the situation and the applicable laws in the taxpayer’s situation.
Is it worth getting your taxes done at H&R Block?
Whether or not you should get your taxes done at H&R Block really depends on your individual situation. H&R Block provides a range of tax services, from free filing with their software program to premium services with a tax professional.
If you have complex taxes, or are filing overseas or in multiple states, then you may need the services of a tax professional who can give you advice tailored to your situation. If you don’t have a complicated tax situation, then it may be worth doing the filing yourself – after all, you’ll save the cost compared to getting a professional.
That said, the advantage of going with a tax professional, like the one at H&R Block, is the expertise they provide in navigating the complex laws surrounding taxes, and their ability to answer any specific questions you might have.
Aside from that, they also help you maximize your deductions and understand how to file and comply with regulations in your particular situation.
Ultimately, it’s about finding a service that fits your needs and budget. If you feel comfortable doing your own taxes, then there’s always the option of using one of the many tax software programs on the market.
Then again, if you require more advanced services, you may want to consider visiting a tax professional, such as the one at H&R Block, who can help ensure you get the most out of your taxes and avoid any pesky mistakes.
How much does H&R Block charge for audit representation?
The exact price of H&R Block’s audit representation services will depend on the complexity of your case and the type of audit representation needed. Generally, however, the fees are broken down into an initial analysis fee and a representation fee.
The initial analysis fee ranges from $495 to $995, and the representation fee can range from $350 to $550 for each additional hour. H&R Block also offers “Audit Protection” for $29. 99 a year, which includes free initial consultations and review of IRS correspondence throughout the year.
If you need audit representation and have Audit Protection, your representation fees will also be covered. For more specific information about the fees for your individual case, please contact your local H&R Block office.
Can I change my mind with H&R Block?
Yes, you can change your mind with H&R Block. H&R Block makes it easy to amend or change your tax return at any time up until it is filed. You can make the changes in person with a tax pro or by using the H&R Block online or software products.
However, you should be aware that amending your return can result in you owing additional taxes or receiving a smaller refund. Additionally, the IRS may audit your amended return and you may be subject to penalties and interest if taxes are owed.
Finally, it’s important to note that your state may have different rules for amending your return and there may be additional fees for amending your return with H&R Block.
What is H&R Block peace of mind guarantee?
H&R Block’s Peace of Mind Guarantee is their promise to you that you won’t pay for any tax preparation mistakes, or worse, penalties or interest for errors or omissions stemming from their services. The Peace of Mind Guarantee applies to all H&R Block-prepared tax returns, including both individual and small business, and all other services they offer that relate to the preparation of your tax return.
If a client receives an IRS or state amendment, audit or deficiency notice, H&R Block will provide assistance at no charge. The Peace of Mind Guarantee covers basic tax returns (which include forms 1040, 1040-A, 1040-EZ and their accompanying schedules) for up to three years after the filed return or up to the completion of any correspondence with the IRS or state tax authority, whichever is earlier.
It also extends to non-basic services such as advice and guidance to help prevent an audit, as well as assistance with a collection agency or state/IRS audit. The Peace of Mind Guarantee is H&R Block’s promise to provide quality customer service and assistance when it’s needed most.
They take customer satisfaction seriously and aim to make sure that all their customers get the best possible service and are completely satisfied with the help they get.
What happens if you are audited and found guilty?
If you are audited and found guilty, the penalties and consequences can vary depending on the offense. In some cases, you may owe back taxes or additional interest on any money you neglected to pay due to a mistake on the taxes you filed.
In other cases, you may face criminal charges, which can result in fines, probation, and even jail time. You could also be barred from taking certain deductions in the future or even banned from filing taxes in the years to come if the offense is sufficient.
Additionally, if you are found guilty of tax evasion or fraud, you could be subject to civil penalties, such as an additional “fraud penalty” or a “civil fraud tax” that is imposed directly on the unpaid and evaded taxes, as well as the interest accrued on the unpaid taxes.
Ultimately, if you are prosecuted and found guilty of tax fraud, you can face severe repercussions that will have a significant impact on your finances and personal life.
How much does a tax audit cost?
The cost of a tax audit depends on the complexity of the audit, the amount and type of income, expenses, and deductions that need to be reviewed, and the number of years that are being audited, among other factors.
The Internal Revenue Service (IRS) does not charge a fee for its audits, but taxpayers may need to pay for any professional consultation for advice or representation during the audit process. Additionally, taxpayers may be responsible for any unpaid income taxes, penalties and interest that result from an audit.
This means the cost of an audit can range from nothing at all, to potentially thousands of dollars.
The best way to reduce the cost of an audit is to be as adequately prepared as possible. This includes keeping thorough records, having any needed arguments or explanations on hand, and gathering materials related to any deductions or money that has been withheld, such as investments or home purchase costs.
Additionally, professional advice is highly recommended to ensure the best possible outcome. An experienced tax attorney or accountant can provide guidance on what records to provide and how to respond to the IRS.
Is H&R Block expensive?
No, H&R Block is actually quite affordable. They offer a variety of different options, such as their Free Edition, Deluxe Edition, Premium Edition and Self-Employed Edition. Each of these options come with different features and benefits, so you can choose the one that’s best for you and your budget.
Each of these editions also has payment options such as a flat rate or pay-per-return option. H&R Block has also introduced a new product, the Maximum Refund Bundles, which allow customers to combine a variety of services for a discounted price.
Most editions also offer savings options such as a free one-on-one review of your return to ensure accuracy. Compared to other tax preparation services, H&R Block is quite reasonable and also offers online support, in-person assistance and a satisfaction guarantee.
How long does it take a tax preparer to do your taxes?
The amount of time it takes a tax preparer to complete your taxes will vary depending on your individual circumstances. Generally speaking, a tax preparer can complete your taxes fairly quickly if you are able to provide them with all your required documents, including income documents and investment information.
However, if you need assistance with other issues such as itemizing deductions or filing multiple years’ worth of taxes, the process may take longer. Additionally, the amount of time may be affected if there are any complications that require additional research or paperwork.
Is it better to have someone do your taxes or use TurboTax?
It really depends on your individual financial situation. If your taxes are relatively straightforward without any major deductions or credits that are outside the general tax regulations, then using TurboTax is probably the most efficient way to do your taxes.
However, if you have more complex taxes with income from investments, multiple jobs, real estate, etc. , it is probably better to have a professional do your taxes for you. A professional CPA or tax preparer will have the expertise to maximize your deductions and ensure that your taxes are filed correctly and on time.
Plus, a professional will be available to answer questions you have throughout the year. Ultimately, the decision is yours.
Where is the place to get your taxes done?
A great place to get your taxes done is a certified public accountant (CPA). A CPA is a professional who is licensed and certified to provide accounting, tax and consulting services to individuals and businesses.
When selecting a CPA to prepare your taxes, you should be sure to consider their expertise in tax law, knowledge of tax preparation software, and experience in dealing with similar types of taxes you’ll be filing.
It’s also important to make sure the CPA you hire is properly licensed to practice in your state. Along with researching and interviewing potential CPAs, you can also use trusted resources such as referrals from friends and family or well-known online services to find reliable professionals.
In addition to a certified public accountant, you may also consider utilizing an online tax service or a tax preparer. This option is often the most cost-effective and least time-consuming, providing a simple and secure way to e-file your taxes with the IRS.
Is it better to file online or in person?
When it comes to filing taxes, whether you should file online or in person depends on your individual circumstances. If you’re comfortable preparing and filing your own taxes online, then online may be the better option for you.
It’s usually much faster, can be done from the comfort of your own home, and there are plenty of online tax programs you can use to help guide you through the filing process. Additionally, if you qualify for free filing, then you may be able to get free help from a tax professional through certain online filing websites.
On the other hand, if you’re not comfortable filing your taxes online, then in-person filing may be your best option. You can hire a tax professional to do it for you and they can help you make sure all of your paperwork is in order and that you’re taking advantage of all of the credits and deductions available to you.
Additionally, you can get your refund in as little as a few days if you file in person because they can submit your paperwork manually much faster than if it were processed through an online filing website.
Ultimately, the best option for you will depend on your own personal comfort level and individual situation. If your taxes are fairly straightforward, then online filing is usually the most convenient option.
However, if you have more complex tax requirements, then in-person filing can be the most beneficial.
