In another retarded attempt to stave off the cash siphoning Turbo Tax's tax preparation software has caused in its core business, Block has spent $287.5 million in cash to purchase TaxAct software creator 2SS Holdings Inc. What will H&R Block do...
H&R Block hasn't grown its business in 14 years; it's lack of response to Turbo Tax's innovative business model guaranteed this. And Block's ill-conceived decision to artificially maintain profitability in the face of declining market-share by ra...
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