Category Archives: H&R Block

H&R Block Agrees To Making The Tax Code Less Complicated

H&R Block At Home is profitable because most people don’t like to do their own taxes.  So, it seems weird that the company is all in favor of making the 74,000 page tax code easier to understand.  The CEO of H&R Block, Bill Cobb, supports deliberations that are underway to make this happen.

He spoke on CNBC’s “Squawk Box” and said that there are things that can be done to simply the code.  But he also said that it doesn’t make sense splitting up the code just because it is too hard to understand.

H&R Block

FirmBee / Pixabay

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Sales Tax Rules And Prepared Foods

Sales taxes are a fact of American life, and they are really noticeable in the area of fast food.

For instance, when a hungry consumer drives through his favorite drive-thru, he should expect to pay the price of his burger plus additional coinage to cover sales tax. Most states, counties and municipalities feed their coffers by charging a local sales tax on most every kind of purchase imaginable. Local law regulates what purchases are taxable and at what rate.

English: Picture of an authentic Neapolitan Pi...

English: Picture of an authentic Neapolitan Pizza Margherita taken by Valerio Capello on September 6th 2005 in a pizzeria (“I Decumani”)

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