Statement: H&R Block Responds to Supreme Court Ruling
Statement from Kathy Pickering, Vice President, H&R Block Government Relations and Executive Director, The Tax Institute at H&R Block
“The health care law upheld by the Supreme Court will have enormous ramifications for how Americans file taxes each year going forward. Today’s ruling that the individual mandate is a tax underscores how the law is being enacted through the tax system. Taxpayers will need additional guidance to understand the real-life implications.
“Not only will our customers and associates be affected, but also our 1,700 franchisees who are small businesses owners throughout the country. When it comes to our business, we have been and will continue to work with the IRS to prepare taxpayers for what their obligations will be and how best to help them.
“As the world’s largest tax services provider, we are in a unique position to help consumers and tax administration system officials navigate the possible changes. As a result, we will work with the IRS, our tax professionals and customers to help manage that transition and prepare, as we do each and every year, for the first day of tax season.”
Open enrollment for health insurance starts November 1.Taxpayers can avoid tax penalties in 2019 by obtaining health insurance for 2018.