Direct deposit ticks up, IRS processing dips.
By Beth Bellor
CPA Trendlines
Three weeks into the filing season, tax professionals are starting to carve out a larger share of electronic filings.
MORE ON TAX SEASON: New Tax Law Roils Busy Season 2018 | Tax Pros Gain Slight Ground in E-Filings | IRS #FAILs at Online Services Spell Problems for Professionals | IRS Warns about Private Debt Collectors for Tax Season 2018
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The IRS had received 41.7 million individual income tax returns as of Feb. 16, the end of the third week of filing. That was down 1.8 percent from Feb. 17, 2017, but there have been six fewer filing days this year so we’re holding up apples to pencil sharpeners in comparison.
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