Where Do H&R Block Stocks Go from Here?

There does not seem to be any reason to get excited about H&R Block stock performance.

The tax environment is very competitive.  More and more tax payers are using tax preparation software to file their taxes.  It's become more difficult for H&R Block to make money like it used to.

The company will likely face more challenges if a tax simplification program is introduced because it would likely reduce the need for services H&R Block offers.

H&R Block stock is currently down more than 7% today.

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