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The Cobbler’s Shoes…

By Brian | April 5, 2006 | Share on Facebook

It seems H&R Block has restated its earning for the last two years, because it made mistakes on its income taxes.

Seriously.

H&R Block said on Friday that it was restating earnings for 2004 and 2005 to reflect previously reported mistakes on its income taxes.

In a series of regulatory filings, H&R Block said it underreported its state income tax liability by $30.5 million through April 30, 2005, requiring the company to lower per share earnings for that year by 3 cents, 2004 earnings by 4 cents and earnings before May 1, 2003, by 1 cent.

Heh…Only 10 days until April 15th. Probably a pretty busy time for them, huh? I guess this year , they’ll be shooting for the “don’t read the paper” crowd…

Topics: Money Talk | Comments Off on The Cobbler’s Shoes…

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