H&R Block and Yodlee Make it Easier for DIY Taxpayers to File

KANSAS CITY, Mo. and REDWOOD CITY, Calif., March 22, 2011 /PRNewswire/ -- With one month left before the April 18 tax filing deadline, taxpayers are looking for ways to make the tax filing process easier. The Yodlee TaxCenter powered by H&R Block helps taxpayers quickly identify money-saving tax deductions and import the information into H&R Block At Home online and software products.

"TaxCenter combines the best of H&R Block's expertise and services with Yodlee's leading personal financial management and data aggregation capabilities," said Jason Houseworth, senior vice president, digital business for H&R Block. "The tool makes tax filing easier by identifying and seamlessly importing financial transactions into H&R Block At Home digital tax preparation solutions."

Information from 1099 forms, tax-deductible and business transactions automatically populate a user's H&R Block At Home tax return. More than 26 million consumers currently access Yodlee's solutions through the nation's leading online banking and portal sites. TaxCenter is available to all financial institutions using the Yodlee 10 platform.

Other features of the Yodlee TaxCenter powered by H&R Block include:

• Ask-a-tax question: Find answers to any tax-related questions through H&R Block's Get It Right(SM) Community. Questions are answered by dedicated H&R Block tax experts.
• Tax estimator: Create "what-if" scenarios to calculate  whether taxpayers can expect a refund or a tax bill
• Secure and protected online environment
• H&R Block's 100 percent accuracy guarantee
• Tax news: Users can access some of the latest news and information published by The Tax Institute at H&R Block.
• Office locator: Find one of H&R Block's 11,000 retail offices nationwide.

"Personal financial management grew exponentially in 2010," said Yodlee CEO Anil Arora. "With the introduction of the Yodlee 10 platform last year, we've seen a steady increase in financial institutions and web portals exploring new online banking experiences. Yodlee's partnership with H&R Block to create TaxCenter continues to demonstrate how our open platform and rapidly growing FinApp library can drive tremendous value for consumers and financial institutions alike."

To see a demo of The Yodlee TaxCenter powered by H&R Block, log on to http://www.yodlee.com/Yodlee-Tax-Center_r3.html. For more information log on to http://www.yodlee.com or moneycenter.yodlee.com.

H&R Block provides guaranteed, income tax return preparation services through its company-owned and franchise offices, and the H&R Block At Home online and desktop solutions. For an online tutorial, join H&R Block's Get It Right Community tax forum, and visit its Facebook and Twitter pages.

About H&R Block

H&R Block Inc. (NYSE: HRB) is one of the world's largest tax services providers, having prepared more than 550 million tax returns worldwide since 1955. In fiscal 2010, H&R Block had annual revenues of $3.9 billion and prepared more than 23 million tax returns worldwide, utilizing more than 100,000 highly trained tax professionals. The Company provides tax return preparation services in person, through H&R Block At Home™ online and desktop software products, and through other channels. The Company is also one of the leading providers of business services through RSM McGladrey. For more information, visit our Online Press Center.

About Yodlee

Leading financial institutions and portals trust Yodlee to power critical online banking applications that increase profitability and drive more value from the online channel. Yodlee's proven personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver a simple, centralized and secure way for consumers to manage all of their financial tasks anytime, anywhere. Yodlee makes financial institutions' websites essential to their customers and generates new revenue opportunities. Yodlee's patented data, payments and risk management utility supports nearly 12,000 unique account sources and over 120,000 different account types. More than 300 leading financial institutions and portals offer Yodlee-powered solutions to millions of customers worldwide. Yodlee is headquartered in Redwood City, California. For more information, visit www.yodlee.com.

Yodlee is a registered trademark of Yodlee, Inc. Yodlee 10 is a trademarks of Yodlee, Inc. All other products and services mentioned are the property of their respective owners.

SOURCE Yodlee