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Stock impact report

Canadians leave thousands unclaimed by skipping tax return reviews [Wealth Professional (Canada)]

H&R Block, Inc. (HRB) 
Last h&r block, inc. earnings: 3/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: en.wikipedia.org/wiki/h
During the current tax-filing season, a recent survey by H&R Block Canada Inc. reveals that 65 percent of Canadians did not know they can amend tax returns from the past 10 years to claim benefits, deductions, or credits they missed. While 38 percent believe they may have amounts still to claim, 72 percent said reviewing old returns feels like too much hassle. Upon learning that prior tax returns can be amended, 34 percent said they are inclined to review them in case they missed any eligible credits. Despite this, many still find the process burdensome. According to H&R Block, Canadians are leaving substantial sums unclaimed due to overlooked tax credits “There's no doubt that there are likely hundreds of thousands of Canadians who have left money on the table from missed credits and benefits from prior tax returns,” said Yannick Lemay, tax expert at H&R Block Canada. Lemay noted that H&R Block's free Second Look service has uncovered an average of $3,000 in unclaimed cred Show less Read more
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