H&R Block provided a review of their 2015 tax season results during a call yesterday evening. Given its scale, Block's results are a good proxy for their entire tax season. The company estimates that it helped to prepare one of every seven returns filed this year. Block says it sold 5.1 million refund transfers and issued another 2.4 million Emerald Cards.
But instead of sticking to a nuts-and-bolts presentation of financial results, Block CEO William Cobb went on at length to discuss the issue of tax fraud.