New H&R Block AI Tax Assist Provides DIY Tax Filers Instant, Unlimited Help with No Extra Fees or Upgrade Required for Live Tax Pro Assistance
14 Dezember 2023 - 1:00PM
H&R Block (NYSE: HRB) today introduced H&R Block AI Tax
Assist, a generative artificial intelligence experience designed to
streamline the tax preparation process for individuals, the
self-employed and small business owners to file and manage their
taxes confidently. The technology combines the expertise H&R
Block and its tax professionals have provided since 1955 with the
power and efficiency of artificial intelligence to provide
real-time, reliable tax filing assistance backed by H&R Block’s
100% accuracy and maximum refund guarantees.1
“Individuals are increasingly exploring AI technologies for
greater efficiency, but those tools are only reliable if developed
with accurate information from trustworthy sources,” said Heather
Watts, SVP of Consumer Tax Products, H&R Block. “Rather than
rely on communities and search results that often are incorrect or
misleading, AI Tax Assist leverages H&R Block’s trusted tax
expertise and generative AI technology to empower DIYers to file
how and when they want with the confidence of knowing they have
expert help if needed without paying more.”
With a strong emphasis on compliance with tax laws, H&R
Block AI Tax Assist leverages data from H&R Block’s world-class
The Tax Institute and the experience of more than 60,000 tax
professionals to answer questions regarding current U.S. and state
tax laws. It is simple to use and natively in the experience,
enabling individuals to ask as many questions as needed
conversationally and the ability to revisit previous conversation
threads. If live help is preferred, H&R Block’s tax
professionals are there to assist at no additional charge.
H&R Block AI Tax Assist helps DIY customers efficiently work
through the tax preparation process by assisting with:
- Tax Information: AI
Tax Assist can provide information on tax forms, deductions, and
credits, maximizing potential refunds and minimizing tax
liability.
- Tax Preparation: AI
Tax Assist can guide individuals through questions as they prepare
and file their taxes, answer tax theory questions and offer
navigation instructions when needed.
- Tax Knowledge: AI
Tax Assist can answer free-form tax-related questions, providing
dynamic responses that clarify tax terms and give guidance on
specific tax rules or general information about the U.S. and state
tax system.
- Tax Changes: AI Tax
Assist can answer questions about the tax code, recently changed
laws and tax policies.
H&R Block AI Tax Assist harnesses the power of Microsoft’s
Azure OpenAI Service, and H&R Block is the only company in the
tax industry to be selected by Microsoft to participate in its AI
100, an exclusive group of industry-leading companies that are
prioritizing the development and deployment of solutions using
Azure OpenAI Service.
“H&R Block has a long history of helping customers get the
best possible outcomes at tax time,” said Zia Mansoor, Corporate
Vice President, Data & AI at Microsoft. “Combining Microsoft’s
state-of-the-art AI models with H&R Block’s reputation of trust
and the skills of its tax professionals gives AI Tax Assist a
leading edge.”
In addition to AI Tax Assist providing guidance on specific tax
rules, it can answer questions about which H&R Block DIY
product is best for each filing situation to aid individuals with
filing returns that yield the maximum refund, guaranteed. The
company offers several options for DIYers to file online, plus
H&R Block AI Tax Assist and Live Tax Pro support are included
at no extra charge when you file with H&R Block Deluxe, Premium
or Self-Employed Online Editions.
- Free Online Edition: Designed for individuals
with simple tax situations, such as those who file a 1040 form
without complex deductions or investments. It is great for those
claiming unemployment income, earned income credits or education
credits.
- Deluxe Online Edition: Perfect for people with
itemized deductions and those with slightly more complex tax
situations, such as homeowners and those with child and dependent
care expenses.
- Premium Online Edition: Expertly built to
handle more complex tax situations, H&R Block’s premium online
edition is a right fit for people with cryptocurrency, sold stocks
or rental property income. It provides guidance and support for
additional tax forms and schedules, such as D and E, that may be
required.
- Self-Employed Online
Edition: Tailored for self-employed individuals, gig
workers, freelancers, and independent contractors. It supports
tracking and deducting business expenses, calculating
self-employment taxes, and handling other aspects relevant to
self-employment income.
For more information, visit HRBlock.com.
- See hrblock.com/guarantees for complete details.
About H&R BlockH&R Block, Inc. (NYSE:
HRB) provides help and inspires confidence in its clients and
communities everywhere through global tax preparation services,
financial products, and small-business solutions. The company
blends digital innovation with human expertise and care as it helps
people get the best outcome at tax time and also be better with
money using its mobile banking app, Spruce. Through Block Advisors
and Wave, the company helps small-business owners thrive with
year-round bookkeeping, payroll, advisory, and payment processing
solutions. For more information, visit H&R Block News.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0c0e5f2d-20ed-416e-beda-202c695f8f63
Media Contacts:
Media Relations:
Shayla Wilkinson, (816) 718-1448 shayla.wilkinson@hrblock.com
Investor Relations:
Michaella Gallina, (816) 854-3022, michaella.gallina@hrblock.com
Jordyn Eskijian, (816) 854-5674, jordyn.eskijian@hrblock.com
H and R Block (NYSE:HRB)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
H and R Block (NYSE:HRB)
Historical Stock Chart
Von Mai 2023 bis Mai 2024