KANSAS CITY, MO, Apr 04, 2011 (MARKETWIRE via COMTEX) -- More than 10 million taxpayers applied for a tax filing extension last year, avoiding the 5-percent, monthly penalty for failure to file. This year, participating H&R Block offices are offering free tax extension filing April 1 through the April 18 tax filing deadline.
"Rushing can cause last-minute filers to forget necessary paperwork and miss out on claiming key tax credits and deductions that may reduce their tax bill and keep more money in their wallets," said Elaine Smith, H&R Block tax professional and enrolled agent. "If taxpayers need more time, they can file a free extension with H&R Block to help ensure they file an accurate tax return that claims all the credits and deductions they're due."
An extension gives taxpayers an extra six months to file a tax return, making the new filing deadline Oct. 17. H&R Block can help taxpayers understand their payment options if there is a balance due.
The additional three days to file won't have an effect on some; taxpayers residing outside of the country (including members of the military) routinely receive an additional two months to file their tax returns, making their deadline June 15 this year.
For more information about applying for a free tax extension at an H&R Block office, visit www.hrblock.com or call 800-HRBLOCK.
H&R Block provides guaranteed, income tax return preparation services through its company-owned and franchise offices, and the H&R Block At Home online and desktop solutions. For an online tutorial, join H&R Block's Get It Right Community tax forum, and visit its Facebook and Twitter pages.
H&R Block Inc. (NYSE: HRB) is one of the world's largest tax services providers, having prepared more than 550 million tax returns worldwide since 1955. In fiscal 2010, H&R Block had annual revenues of $3.9 billion and prepared more than 23 million tax returns worldwide, utilizing more than 100,000 highly trained tax professionals. The Company provides tax return preparation services in person, through H&R Block At Home(TM) online and desktop software products, and through other channels. The Company is also one of the leading providers of business services through RSM McGladrey. For more information, visit our Online Press Center.
SOURCE: H & R Block