ESSEX COUNTY, NJ - Tax FACTS: H&R Block Found Errors in 87% of The Returns Prepared By Others via our Second Look® Review

Tax FACTS: H&R Block Found Errors in 87% of The Returns Prepared By Others via our Second Look® Review


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:

1. Hope Credit
2. Lifetime Learning Credit
3. Student loan interest
4. Other commonly overlooked tax deductions and credits include:
5. Earned Income Credit
6. Child Tax Credit
7. Saver's Credit
8. Medical expenses
9. State and local taxes
10. 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:

CONTACT AN H&R BLOCK YEAR ROUND OFFICES IN THE AREA:

Short Hills:
760 Morris Turnpike
Short Hills, NJ, 07078
973-376-4062

Irvington:
1094 Clinton Ave
Irvington, NJ 07111
973-371-0400

Maplewood:
1730 Springfield Ave
Maplewood, NJ
973-763-3883)

West Orange:
24428 Green Shopping Center
495 Prospect Ave, 401B,
West Orange, NJ, 07052
973-325-1880

East Orange:
(549 Main Street
East Orange, NJ, 07018
973-674-6089

Broad Street:
726 Broad Street
Newark, NJ, 07102
973-624-6712

Bloomfield Ave:
142 Bloomfield Ave
Newark, NJ, 07104,
973-484-2148

Ferry Street:
97A Ferry Street
Newark, NJ, 07105
973-522-0076


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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.