Quoteable
“Too often, taxpayers leave money on the table with overlooked deductions and credits. In today’s volatile economic climate, taxpayers can’t afford to claim anything less than their full refund.”
--Jackie Perlman, senior analyst, The Tax Institute at H&R Block
By the Numbers
H&R Block found errors in 87 percent of the returns it reviewed as part of a Second Look® review.
On average, taxpayers missed $1,300 in additional tax savings*.
Nearly half of those who re-filed with H&R Block received a bigger refund.
Nearly 4.1 million people fail to claim education tax benefits for which they may be eligible. These include:
Hope Credit
Lifetime Learning Credit
Student loan interest
Other commonly overlooked tax deductions and credits include:
Earned Income Credit
Child Tax Credit
Saver’s Credit
Medical expenses
State and local taxes
Individual tax audits are at a 10-year high.
Taxpayers can amend tax returns for up to three years prior.
Block Talk
With a Second Look review, H&R Block will review a taxpayer’s returns – regardless of who prepared them – for $29 per return.
H&R Block also will provide advice on what to do if any variances are found.
H&R Block guarantees coverage for penalties, interest repayment and audit assistance if the return is correct or if H&R Block files a corrected return for the client.
The typical H&R Block client sees a tax professional with more than 8 years experience and 450 hours of training.
For Further Information, or to schedule a Second Look Review:
Prince William County AREA H&R BLOCK OFFICES
Open Year Round
14058 Shoppers Best Way
Woodbridge, VA
703-590-4339
7775 Sudley Road
Manassas, VA
703-369-1040
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*Error rates and average savings claims are for calendar year 2007. Clients either received a larger refund or owed less money to the IRS. $1,300 is the average tax savings achieved by clients who expected a refund and re-filed a return with H&R Block. Individual results may vary. Additional fees apply if H&R Block corrects or amends a return. At participating offices.