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Tax returns came into the Internal Revenue Service at a slightly improved pace for the season ended March 25. The total was down 4.3 percent for the season through March 24, 2021. That was slightly narrowed from the prior report in that total was off 5.1 percent year-over-year.
Total returns received fell to 81,371,000 for the year as reported to date, compared to 81,371,000 a year earlier
Similarly, the 78,426,000 files received through March 25 was 3 percent lower than the 80,835,000 accepted in last year’s corresponding period. The total was down 4 percent for the season through March 18.
The pace at which efiles submitted by tax professionals have been submitted continued to be several percentage points better than the rate at which self-prepared efiles have arrived. There were 39,909,000 efiles from professionals, essentially unchanged from 39,926,000. There were 38,517,000 self-prepared efiles received, down 5.8 percent from 40,909,000. For the prior weekly report, DIY efiles dropped 7.1 percent.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind