Boom Time at Block

For taxpayers who still strive to fill out their Form 1040s accurately and completely, the task has become ever more arduous and exasperating. Congress loaded last year's tax bill with new deduction rules, depreciation formulas and tax-shelter gimmicks and thus added to the confusion that has already made the Internal Revenue Code scarcely more comprehensible than a textbook on quantum mechanics.

The more bewildered taxpayers become, however, the bigger the bonanza for H&R Block, the titan of the American tax-preparation business. When the stampede of last-minute customers subsides after April 15, the Kansas City-based firm expects to have completed 10 million 1981...

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