14 Reasons to Use Kiplinger TaxCut; New Tax Laws Made Easy with No. 1 Rated Tax Software.

KANSAS CITY, Mo.--(BUSINESS WIRE)--Sept. 11, 1997--If you have a PC, Kiplinger TaxCut gives you all the help you need to wade through the maze of complicated new tax laws.

Block Financial Corporation's No. 1 rated Kiplinger TaxCut software allows tax payers to plan now -- before the end of the year -- to take advantage of tax law changes. The Deluxe Multimedia Planning Edition, which will ship in October, explains and simplifies all the changes in the tax laws and offers invaluable tips for saving money on your taxes.

Kiplinger TaxCut's many new features make tax filing faster, easier and more concise than ever before! Here are just 14 of the many reasons why Kiplinger TaxCut is an essential tool for filing your 1997 taxes: -0- 1. Benefit from the New Tax Laws -- If you own stock or mutual funds, are buying or selling a house, saving for college or making other important financial decisions, it is absolutely essential to understand the new tax laws. Kiplinger TaxCut Deluxe Multimedia Planning Edition can help you decide what to do now to reduce your 1997 tax bill. The Planning Edition of Kiplinger TaxCut does everything the Filing Edition does -- except permit you to file your returns. (The IRS does not approve final forms for 1997 until the very end of the year.)

2. The Best Software AND The Best Price -- Kiplinger TaxCut has been rated the No. 1 tax preparation software by Money magazine for two consecutive years. The Deluxe Multimedia Edition includes more than two hours of audio and full-motion video tax tips featuring real-life experts from the world-famous Kiplinger organization. Step-by-step explanations help consumers take full advantage of tax deductions and credits. All this for the low retail price of just $14.95. Plus, the Planning Edition includes a $20.00 rebate when you buy the Final Edition of Kiplinger TaxCut Deluxe Multimedia in January.

3. Free Electronic Filing -- Kiplinger TaxCut includes free electronic filing, so you get your refund more quickly and file a more accurate return.

4. Free Internet Access -- Kiplinger TaxCut software includes a free Microsoft Explorer browser and 30 days of free, unlimited Internet access.

5. One Product for Both PC and Macintosh Users -- No matter what computer system you are using, Kiplinger TaxCut makes it easy to file taxes with a single product on one CD-ROM.

6. Save Valuable Time -- Kiplinger TaxCut now makes tax filing quicker than ever. Besides a new, streamlined Q&A, Kiplinger TaxCut also enables seasoned customers to "zoom" past familiar sections using the new "Fast Lane" feature.

7. Never Search for Another Tax Form Again -- More than 100 IRS worksheets and forms are included in Kiplinger TaxCut and can be printed on your own printer.

8. Lower Tax Bills -- Many taxpayers don't take full advantage of all the tax credits and deductions available to them. Kiplinger TaxCut asks you simple, direct questions, and makes sure you get every available tax break.

9. MultiState CD-ROM -- Kiplinger TaxCut offers 24 states for PC users and five for Macintosh users -- all on a single CD-ROM. Individual state diskettes are also available for PC and Macintosh; users can request a single state diskette free of charge with the purchase of the MultiState CD-ROM.

10. Make Tax Time Easier -- Poring through tax manuals and staring at black-and-white forms makes tax time more tedious than necessary. Kiplinger TaxCut delivers expert tax advice and guidance with multimedia videos and a colorful, user-friendly interface. When you're finished, the forms are all filled out and ready to go.

11. Personalized Tax Assistance -- Kiplinger TaxCut quickly gathers all your personal information and only asks you questions that are pertinent to your individual tax situation. It's like having a personal tax advisor right in your own home.

12. Reduce Human Error -- According to the IRS, manually prepared tax returns are 10 times more likely to contain errors than those prepared using tax software. Kiplinger TaxCut will reduce the chance of the IRS finding a mistake on your forms.

13. Information at Your Fingertips -- Get the help you need by pressing a single Help button, enabling you to readily access Kiplinger tax tips, IRS instructions, and publications and program help. You can also research a particular tax subject using this year's latest feature -- Rapid Find.

14. Protect Your Financial Information -- Now, no matter where you do your taxes -- at home or at the office -- your personal information is protected from prying eyes with your own personal password.

About Block Financial:

Started in 1993, Block Financial Corp., an H&R Block company, develops and provides technology-driven financial solutions, including software products, home mortgages, credit cards and online financial services. Based in Kansas City, Mo., Block Financial has 125 employees there and at operations in California, Massachusetts, New Jersey, Kansas, and Utah.

Block Financial's Software Division develops or licenses software programs for distribution through the retail channel and online sales. Total software sales revenues were up more that 45% in fiscal 1997 compared to fiscal 1996.

H&R Block, Inc. is the world's largest tax-preparation firm, serving more than 17 million customers in nearly 9,700 offices worldwide. H&R Block handled one in every seven tax returns filed with the IRS this year.

CONTACT: Wilson McHenry Company

Bobbi Feldman/Joanne Serling, 212/527-0800

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