Friday, January 7, 2011

H&R Block spent $500,000 lobbying in 3rd quarter

NEW YORK (Lobbying Activist) — H&R Block Inc. spent $500,000 in the third quarter to lobby the federal government on legislation regulating tax preparers and other issues, according to a disclosure report.


That was up 5 percent from the $475,088 that the nation's largest tax preparer spent in the year-earlier period and flat with its second-quarter 2010 spending.


The Kansas City, Mo.-based company also lobbied the federal government on legislation creating a consumer financial protection agency, consumer credit protection, Wall Street reform and tax simplification.


Tax return free-filing, refund anticipation loans and access to a code that the Internal Revenue Service discontinued that let tax preparers know if an individual would receive their entire expected refund were also on the agenda, according to the report filed Oct. 19.


In the July-to-September period, H&R Block lobbied Congress, the Treasury Department, IRS and Securities Exchange Commission, according to the report filed with the House clerk's office.


(source:bloomberg.com)

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