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Payroll isn’t just a back-office function; it’s a strategic engine that powers both financial performance and employee confidence. Every payroll run influences cash flow, compliance, and reporting accuracy, while shaping how employees perceive their value within the organization. This special report reframes payroll as a critical driver of financial discipline and a cornerstone of the employee experience, elevating it from…
The number of returns filed for the week ended February 17 was up. 2.6 percent from the season to date Feb. 18, 2022, the Internal Revenue Service said this week.
There 36,859,000 returns filed for the season as reported, compared to 35,922,000 a year ago.
There have 36,079,000 efiles reported his year, an increase of 3.3 percent from 34,940,000 in last year’s corresponding period..
The growth in efiles from professionals continued to outstrip those filed by professionals, probably reflecting the impact of programs such as Intuit’s TurboTax Live. Professionals submitted 15,380,000 efiles, an increase of 8.2 percent from 14,213,000 a year ago. The number of DIY efiles dropped by .1 percent to 20,698,000 from 20,726,000.
The average refile continued to lag a year ago, falling .1 percent to $3,140 from $3,536. The number of refunds issued rose 25.9 percent to 27,781,000 from 22,065,000.
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