MasterCard and H&R Block Make it Easier to Pay Your Taxes

PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide® today announced that it will again team with H&R Block, the world’s largest tax services company, to make paying tax debts faster and more efficient for taxpayers. Since 2004, MasterCard has worked with H&R Block and LINK2GOV Corp., an Internal Revenue Service-approved payment processor and a Metavante company, to enable cardholders to easily pay their balances due for federal tax Form 1040 online using their MasterCard cards.

“That is why for the third year in a row, we are teaming up with H&R Block to encourage people to easily pay their taxes online, from the comfort of their homes.”

In addition, this year taxpayers can save 35 percent on the purchase of any one of H&R Block’s TaxCut Online tax preparation programs, when they purchase the program with their Debit or Credit MasterCard card on the www.hrblock.com/goto/mastercard website.

“Filling out tax forms and standing in line at the post office can be time consuming and MasterCard wants to make the process more convenient for our cardholders,” said Steve Carnevale, vice president, U.S. Commerce Development at MasterCard Worldwide. “That is why for the third year in a row, we are teaming up with H&R Block to encourage people to easily pay their taxes online, from the comfort of their homes.”

According to the IRS, in 2006, 73 million individuals filed their taxes online, 20 million even filed from home computers. The number of taxpayers filing online continues to grow as they take advantage of the ease of filing online and the added convenience of settling obligations with payment cards.

How Does The TaxCut Online Discount Work?

Save 35% when you purchase TaxCut Online with your Debit or Credit MasterCard card: To qualify for the 35% discount, taxpayers must purchase an H&R Block TaxCut Online tax preparation program through www.hrblock.com/goto/mastercard and pay for the purchase using their Debit or Credit MasterCard card. Using H&R Block’s online tax preparation program, taxpayers can complete their federal income tax Form 1040 (including forms 1040A, 1040V, and 1040EZ). If taxpayers have a balance due to the IRS they can remit card-based tax payments through LINK2GOV’s PAY1040.com. The offer is valid only for online purchases made on or before May 1, 2007. For complete details, including availability and additional terms and conditions, please visit www.hrblock.com/goto/mastercard.

For More Information

Taxpayers with specific questions about their U.S. federal income tax obligations and regulations should contact the Internal Revenue Service at 1-800-829-1040 or visit www.irs.gov.

About H&R Block

H&R Block Inc. (NYSE: HRB) is a leading provider of tax, financial, and accounting and business consulting services and products. H&R Block is the world’s largest tax services provider, having prepared more than 400 million tax returns since 1955. The company and its subsidiaries generated revenues of $3.6 billion and net income of $287 million from continuing operations in fiscal year 2006. The company currently operates in three principal business segments: Tax Services (income tax preparation and advice via in-office, online and software solutions); Business Services (accounting, tax and business consulting services for midsized companies); and Consumer Financial Services (investment and financial advisory services and banking services). Headquartered in Kansas City, Mo., H&R Block markets its continuing services and products under two leading brands – H&R Block and RSM McGladrey. For more information visit our Online Press Center at www.hrblock.com.

About LINK2GOV Corp.

LINK2GOV, a Metavante company, has been providing comprehensive, customized electronic service applications for government agencies since 1995. In addition to the IRS payment services, LINK2GOV also facilitates the collection of state income taxes, real estate taxes, utility bills, vehicle registrations and driver’s license renewals, parking tickets, traffic citations, tuition payments, court fees and fines, hunting and fishing licenses, as well as various business licenses. www.link2gov.com.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 16 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to http://www.mastercard.com.