A King of Prussia, Pa.-based tax preparer has been indicted on 29 counts of aiding and assisting in the preparation of false income tax returns. If convicted of all charges, Eric Amaefuna, 65, would face a maximum of 87 years in prison and a $7,250,000 fine.

Businesses dramatically accelerated the adoption of new technology, accord to Sage’s 2021 Return to Growth Outlook. The recently released survey of 1,000 SMB business leaders found that 52 percent accelerated their technology plans by three or more years.

Efiles from paid preparers totaled 58,506,000 for the 64 days ended April 16, a 5.4-percent rise over the 82 days ended April 17, 2020. Meanwhile, DIY users who owe money may be waiting on deadline as self-prepared returns have fallen behind the 2020 compared season at an accelerating rate over the last two reporting periods.