Higher employment and the challenges posed by the Affordable Care Act will drive more Americans to their local H&R Block office this year, says the tax preparation company's CEO Bill Cobb. And while the company's international business suffered in the second quarter over a tax rule change in Australia, Cobb does not see such troubles hampering the company's results in the coming year. He also expects to unload the company's bank this year and increase its focus - and ad-spending - on its debit card.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

More from Video

Stocks Trade Mixed in Further Trump Trade News and 4 Other Stories You Must Know

Stocks Trade Mixed in Further Trump Trade News and 4 Other Stories You Must Know

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

KPMG US Chair and CEO: Survey Shows CEOs are Still Worried About Cyber

KPMG US Chair and CEO: Survey Shows CEOs are Still Worried About Cyber