The nation’s tax accountants failed in the final days leading up to April 15th to close the gap commonly attributed to early-season delays and confusion, according to the latest data available.
But if the shortfall holds through coming weeks of data gathering, CPA Trendlines believes it could mark a significant and serious downturn in the future of the tax prep industry.
In this report:
- Tax professionals e-filed 63.3 million returns, down 0.4% from last year’s 69.6 million.
- Meanwhile, the number of do-it-yourself e-filers grew 4%, to 43.1 million, up from last year’s 41.3 million.
- Complete statistics on individual income tax returns, filings and filing rates, week by week, in year-to-year percentage change
- Number sent to IRS
- Number processed by IRS
- Number e-filed by tax professionals
- Number e-filed by self-preparers
- IRS.gov website traffic
- Number of refunds
- Total dollar amount of refunds
- Average Refund
- Number of direct-deposit refunds
- Amount of direct-deposit refunds
- Average direct-deposit refund