H&R Block Inc., the nation’s largest tax preparer, plans to cut jobs as it seeks to streamline its operations, the Kansas City, Mo,-based company announced Tuesday.

The company declined in a written statement to give any specifics but said it may announce those cuts early next month.

H&R Block announced last month that it was reviewing its expenses as it deals with the failure of its subprime mortgage arm, Option One Mortgage Corp., and considers the future of its investment advice, business services and banking operations.

“This review is designed to ensure that all of our businesses and support functions have a cost structure that helps the company to compete successfully in the marketplace at a fair return on investment,” the company said, adding that the changes wouldn’t affect customers. “Associates have been advised that the review and pending realignment of our cost structure will involve position eliminations.”

The company’s problems led to the resignation of Chairman and Chief Executive Officer Mark Ernst in November. Board member Richard Breeden replaced him as chairman and Alan Bennett is serving as interim CEO while the company searches for a permanent replacement.