Tax Pros Kick into High Gear

Cumulative statistics comparing 2/22/2019 and 2/21/2020, IRS

Profession accelerates e-flings, but struggles for market share.

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By Beth Bellor

Tax professionals are increasing their share of the e-filing market as we plow deeper into tax season. After starting at 34.6 percent and nudging up to 38.1, the latest figure is a healthier 44.3 percent of e-filings, although that's about a point lower than the year-ago date.

MORE: Data Points Down as Tax Season Opens | More Firms Falling Behind | Does IRS Need a Practitioner Services Division? | IRS Urged to Form Tax Preparer Strategy | Accountants Cautiously Bullish on the Economy | Tax Pros Forecast a Better 2020 | Can the IRS Enforce the Tax Code? | Tax Pros Upbeat on Cusp of Busy Season | IRS Undertakes Overhaul |  The Fight for New Tax Clients | What Makes a Good Tax Season Client? | Do Your Clients Feel Important? | 5 Small Leaks That Can Sink a Tax Season | 5 Tax Review Keys | 4 Reasons to Push Ahead with Tax Question Research | One Essential Touch for Tax Season | 5 Steps for Tax Season Success | Help Tax Clients Help You | 3 Steps to Tax Season Happiness |

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The IRS, which delayed release of the figures, had received 49.9 million individual income tax returns as of the week ending Feb. 21, the latest data available. That's down from the same period last year, but only by 0.1 percent. Meanwhile, it had processed 48.1 million returns, up 0.7 percent.

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Beth Bellor

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About the Author

Beth Bellor has served CPA Trendlines as a senior editor, researcher and production director since 2013. Her background includes a distinguished career in journalism, ranging from newspapers and magazines to books and new media.

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