1.6 Million Tax Clients Gone Missing?

Chart of tax filing data for the week ending Feb. 8, 2019
^ Tax filing data for the week ending Feb. 8, 2019

Opening days show accountants filed only 40% of IRS intake. Blame the shutdown.

By Beth Bellor
CPA Trendlines

The IRS might have rushed into action as soon as the government shutdown ended, but it still is feeling the effects as all filing statistics remain on the downside two weeks in.

MORE: BUSY SEASON: Accountants Worry for U.S. Economy | Tax Shops Bulk Up for Big Busy Season | BUSY SEASON: The Busiest Ever? | Survey: Tax Season Launches with a Whimper | 16 Big Questions for Tax Season | SURVEY: Tax Accountants Alarmed by TCJA & Shutdown

GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

As of the week ending Feb. 8 – the latest data available – the Internal Revenue Service had received 28.8 million returns, down 6.9 percent from the same week in 2018. It had processed 27 million returns, down 10.2 percent, for a processing rate of 93.8 percent.