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.
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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.