The average fee for tax preparation and related services rose 10.4 percent to $107.26, while total clients served increased 2.9 percent.
We’re pleased that our results through mid-March remain on track, but we also recognize the significance of the four weeks of tax season yet to report, said Mark A. Ernst, president and chief executive officer. Current filing trends suggest we remain on course to meet our revenue and earnings goals for the full year.
Through March 15, company-owned and franchised offices prepared 11.5 million returns, an increase of 1.9 percent. The number of clients served increased 2.9 percent to 12.8 million. During this period, H&R Block filed 11.2 million federal returns electronically, representing a 7.7 percent increase over the prior year. Through the period, 87.3 percent of returns processed by the company were filed electronically.
