Refunds are up a smidgen, while website visits soar.
By CPA Trendlines
Are more e-filers switching to self-preparation, and if so, why?
The “why” unfortunately isn’t told in the data, but the most recent tax filing statistics available show that e-filings by professionals are down 3.6 percent from the same week in 2015, while self-preparation is up 3.8 percent.
RELATED: Tax Questions Up, Filings Down
E-filing receipts as a whole were flat at 55 million, with 27.7 million coming from tax professionals and 27.37 self-prepared. Sure the pros’ number is larger, but we like to look at trends here, and this one causes concern. Not to mention that larger number is by a hair’s width of a margin, as pros are handling 50.3 percent of e-filings.
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