H&R Block Inc. (NYSE: HRB) is a leading provider of tax, financial, and accounting and business consulting services and products. H&R Block is the world’s largest tax services provider, having prepared more than 400 million tax returns since 1955. The company and its subsidiaries reported revenues of $4.0 billion and net income from continuing operations of $374.3 million in fiscal year 2007. The company has continuing operations in three principal business segments: Tax Services (income tax return preparation and related services and products via in-office, online and software solutions); Business Services (accounting, tax and business consulting services primarily for midsized companies); and Consumer Financial Services (brokerage services, investment planning and related financial advice along with full-service consumer banking). Headquartered in Kansas City, Mo., H&R Block markets its continuing services and products under two leading brands – H&R Block and RSM McGladrey

H&R Block's Mission Statement:

To help our clients achieve their financial objectives by serving as their tax and financial partner.



As the world's largest tax services company, H&R Block has one-to-one relationships with millions of clients, helping them benefit from all of the deductions and credits available to them and build a better financial future.



It is the only major company that offers a full range of software, online and in-office tax solutions, combined with financial information and suggestions that enable clients to consider how they could achieve their financial objectives. This advice -- the H&R Block Advantage -- includes suggestions about retirement savings, home ownership, saving for their children's college education, eligibility for government programs and other alternatives.



When clients request in-depth financial plans and investment advice, their H&R Block tax professional refers them to H&R Block Financial Advisors Inc., which can assist them with a detailed investment plan and investment services. H&R Block Financial Advisors, member NYSE, SIPC, employs more than 1,000 financial advisors serving clients in more than 200 offices in the U.S. H&R Block Inc. is not a registered broker-dealer.



Clients who request information about home mortgages are referred to H&R Block Mortgage Corp., which offers a full range of retail mortgage products.



Our research shows that our H&R Block Advantage advice package along with related financial services increased client satisfaction with H&R Block's tax services.



H&R Block has long been a trusted tax partner to millions of taxpayers. Now we are enhancing the value of our tax services by helping clients as their tax and financial partner

H&R Block Says Supreme Court Of New York Dismisses Six Of Seven Complaints Previously Brought By Ag

FOR RELEASE Jul 12, 2007


The Supreme Court of the State of New York today dismissed H&R Block, Inc. (NYSE:HRB) and five of its business units as defendants in a complaint originally brought by former New York Attorney General Eliot Spitzer, that alleged fraudulent and deceptive marketing of individual retirement accounts.



The Spitzer complaint, filed in 2006, relates to the marketing of individual retirement accounts to customers seeking tax preparation services.



Justice Karla Moskowitz let stand the portion of the complaint dealing with a seventh business unit, H&R Block Financial Advisors Inc., but dismissed the complaint’s allegations of common law fraud by that business unit.



H&R Block Financial Advisors believes the remaining claims are also without merit and intends to appeal.