H&R Block Inc., best known for its tax-preparation services, is expanding into banking.

The company, based in Kansas City, Mo., plans to announce at its annual meeting this week that it will begin offering bank accounts to customers to facilitate direct deposit of tax refunds.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access