The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (17947)	2/28/2004 1:14:32 PM
From: MulhollandDrive	Read Replies (2) of 306849

then, the 03 tax receipts and wham! reality check seattlepi.nwsource.com "H&R Block reiterated its 2004 earnings estimate of $3.65 to $3.85 per share and again stated that it expected "a good but not great" tax season. While the tax season started slowly for the company, H&R Block said that tax filing accelerated in February and it was on track to meet its overall targets for the year. Mark A. Ernst, chairman and chief executive, pointed to the unemployment rate and the number of people who simply have given up looking for jobs, saying that translates into fewer people filing income tax returns. "We're seeing that phenomena happen again this year, probably to a degree a little bit bigger than we had even anticipated thus far," Ernst said. "But it's a little bit early." i actually watched the interview with the ceo yesterday and he pointed out that the numbers of "early filers" was down... what i would point out is that people generally file early when they are looking for tax refunds, file at the last minute when they owe...it's conceivable there might be an upside "surprise" in tax receipts as withholdings were adjusted last year to reflect for the tax cuts

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