W-2 eXpressSM Clients Direct Access to TaxCut® for 2001
St. Louis, MO– January 22, 2002— TALX Corporation (NASDAQ: TALX), a leading application service provider (ASP) for HR, benefits, and payroll employee services, today announced that it has partnered with H&R Block Inc. (NYSE: HRB) to offer its W-2 eXpressSM clients the ability to import their W-2 information directly into TaxCut® and the Online Tax Program. This alliance expands the online services and the value-added capabilities W-2 eXpress offers its clients and their employees.
Now, W-2 eXpress users can speed the process of preparing their taxes by directly importing their W-2 information into H&R Block's tax preparation products via the Internet. The exchange of data is extremely secure and includes a logon process and Secure Socket Layer encryption to prevent unauthorized access to the W-2 information. The W-2 eXpress web site will also feature a tax center sponsored by H&R Block to assist users during the tax season.
“H&R Block is a recognized and dynamic leader in the tax filing industry and it's exciting to offer our W-2 eXpress clients the convenience of importing W-2 data into TaxCut and the Online Tax Program,” said Bill Canfield, president and CEO of TALX Corporation. “Both companies serve many of the same organizations independently as well as other clients, therefore, the alliance has the potential to benefit millions of people during the busy tax filing season and in the future. We are also pleased to have H&R Block as a client of The Work Numberâ.”
“Electronic access to tax information will become increasingly important to H&R Block's do-it-yourself tax preparation clients,” said Mark Ciaramitaro, vice president, H&R Block's e-solutions. “By leveraging the technology for transferring tax and financial data over the Internet and by forming alliances with leading companies like TALX, H&R Block is expanding the value and convenience it offers to our clients. We are already using TALX's The Work Number service and think this new functionality is a great added value for their client companies."
About W-2 eXpress
W-2 eXpress is powered by The Work Number, America's leading employment and income verification service. W-2 eXpress offers complete W-2 services, including presenting original statements via the Web, printing and distributing original statements, reissuing W-2s, and facilitating corrections to statements. All services are available via the Web or telephone 24 hours a day, 7 days a week.
TaxCut from H&R Block is an award-winning tax preparation software product that simplifies tax preparation by providing users with a step-by-step interview process. Created by the nation's leading tax preparation company, TaxCut includes comprehensive financial reviews, planning tools and advice that enable users to plan for and respond to important life events.
About H&R Block
H&R Block Inc. is a diversified company with subsidiaries providing a wide range of financial products and services. In 2001, H&R Block served 19.2 million taxpayers – more than any tax or accounting firm – through its more than 10,400 offices located in the United States, Canada, Australia and the United Kingdom. H&R Block served another 2.3 million tax clients through its award-winning TaxCut software program and through its online tax preparation services. Investment services and securities products are offered through H&R Block Financial Advisors Inc., member NYSE, SIPC. H&R Block Inc. is not a registered broker-dealer. H&R Block Mortgage Corporation and Option One Mortgage Corporation offer a wide range of home mortgage products. RSM McGladrey Inc. is a national accounting, tax and consulting firm with more than 100 offices nationwide, as well as an affiliation with 550 offices in 75 countries as the U.S. member of RSM International. Quarterly results and other information are available on the company's Web site at www.hrblock.com.
TALX is a leading application service provider (ASP) of human resources, benefits, and payroll employee services. TALX services empower employees to complete transactions independently via the Internet, corporate portals, Intranets, and the telephone. Based in St. Louis, MO, TALX Corporation's common stock trades on the NASDAQ Stock Market® under the symbol TALX. For more information call 1-800-888-8277 or visit www.talx.com.
Statements in this press release expressing the expectations of management may be forward-looking and involve uncertainties. TALX risk factors are detailed in documents filed with the Securities and Exchange Commission.