H&R Block CEO Expects Jolt from Obamacare, More Jobs



Higher employment and the challenges posed by the Affordable Care Act will drive more Americans to their local H&R Block office this year, says the tax preparation company’s CEO Bill Cobb. And while the company’s international business suffered in the second quarter over a tax rule change in Australia, Cobb does not see such troubles hampering the company’s results in the coming year. He also expects to unload the company’s bank this year and increase its focus – and ad-spending – on its debit card.

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