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H&R Block, Inc. Message Board

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  • patricka5 patricka5 Jan 13, 2011 1:09 PM Flag

    IRS PREPAID DEBIT CARDS

    Block should see the writing on the wall and start working on a "long-term" plan of being a "tax preparation" company again. Of course, there will be a short term stock hit, so they won't do anything long term.

    I think Block can survive as a smaller company if it changes it's focus. JH is toast once the RAL's completely dry up. Like Block, Liberty will also have to change course and they don't have the financial resources that Block has. I think if I owned a big 3 franchise, I'd start saving my money - 5 years from now doesn't look so great.

    JH could have one more decent year. Their ads on TV are really taking their toll on Block. If Liberty were to ever do national advertising, now would be the time. Interesting times to say the least! Small CPA firms are probably having a good time watching this unfold.

 
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