With a 10 point late-season surge.
By Beth Bellor
Coming into the last 10 days of this wretched season, you take the good news where you can find it.
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And the good news in the last lap of Tax Season 2021 is that tax professionals were filing returns at more than three times the rate of do-it-yourselfers. It’s not enough to say that tax professionals have reversed years of declining market share, but in an otherwise horrible year for many, it might count as a small win.
The IRS had received 126.8 million individual income tax returns, down 1.1 percent from the same period in 2020, and processed 116 million, up 0.2 percent, as of May 7, the latest data available. That pegged the agency’s processing rate at 91.5 percent.
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