Wolters Kluwer’s Tax and Accounting business faced a tough year with the conditions surrounding the Covid-19 pandemic impacting sales. The unit’s revenue rose by 1 percent for the year ended December 31 with overall sales flat compared to 2019.

The Internal Revenue Service has reported there were 34,693,000 tax returns filed in the first eight days of the tax season. But the February 12 start to the season meant that the report for the period ended February 19 compared to the year earlier season-to-date which reflected 26 days of filing in 2019.

The Tax & Accounting Professionals segment of Thomson Reuters registered 4-percent revenue growth for the fourth quarter ended December 31.  However, the top line for the unit was off by 1 percent for 2020 as currency took a toll.