H&R Block CEO Talks Tax Reform, Refunds and Trump's Plans
President-elect Donald Trump is correct about the need for tax reform, says Bill Cobb, CEO of H&R Block -- but don't expect a bigger refund this year because of it.
President-elect Donald Trump is correct about the need for tax reform, says Bill Cobb, CEO of H&R Block (HRB) , but don't expect a bigger refund this year because of it. It's going to take a little time to pull off.
As for his own business, Cobb says the company is working hard to turn itself around after a brutal 2016 for the stock. The tax preparation specialist has come out early with its advertising campaign featuring Mad Men star Jon Hamm.
It also is pushing its online, do-it-yourself offering called H&R Block More Zero.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
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