KANSAS CITY, MO, Apr 09, 2012 (MARKETWIRE via COMTEX) --On average, more than 10 million taxpayers applied for a tax filing extension each of the past few years, avoiding the 5 percent monthly penalty for failure to file. This year, participating H&R Block (NYSE: HRB) offices are offering free tax extension filing now through the April 17 tax filing deadline.
"Filing a tax return when in a rush can lead to taxpayers making mistakes that may cause them to pay more in taxes than they actually owe," said Elaine Smith, H&R Block tax professional and enrolled agent. "H&R Block can help ensure taxpayers file an accurate tax return that claims all the tax credits and deductions they are entitled."
This extension gives taxpayers an extra six months to file a tax return, making the new filing deadline Oct. 15. H&R Block can help taxpayers understand their payment options if there is a balance due.
The additional two 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 Twitter and Facebook pages.
H&R Block, Inc. (NYSE: HRB) has prepared more than 575 million tax returns worldwide since 1955, making it the country's largest tax services provider. In fiscal 2011, H&R Block had annual revenues of $3 billion and prepared more than 24.5 million tax returns worldwide, including Canada and Australia. Tax return preparation services are provided in company-owned and franchise retail tax offices by approximately 100,000 professional tax preparers, and through H&R Block At Home(TM) digital products. The H&R Block Bank provides affordable banking products and services. For more information, visit the H&R Block Online Press Center.
SOURCE: H & R Block