A new tax reform bill introduced in Congress has sparked debates among accounting professionals regarding its potential impact on compliance and advisory services.
Read more...
Explore how AI-powered accounting software is transforming financial management in the accounting industry. Learn about automation, predictive analytics, and fraud detection capabilities.
Read more...
Explore recent state income tax reforms in the US and their implications for businesses and accounting professionals seeking compliance and strategic advantage.
Read more...
Explore the latest changes in sales tax compliance and economic nexus affecting businesses. Learn how recent rulings and technology are shaping tax strategies.
Read more...
Explore recent leadership changes at Deloitte and PWC, highlighting strategic shifts towards innovation and sustainability within the accounting industry.
Read more...
How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
Tax returns continued to fall further behind 2022 results with the release of statistics for the season through April 7. The Internal Revenue Service said it received 101,320,000 for the returns, 1.9 percent down from 103,315,000 the season through April 8, 2022.
The gap on efiles also widened a bit, down 1.5 percent to 97,831,000 for this season as reported from 99,290,000 a year ago.
Efiles submitted by pros remained above last year’s totals—but barely—as the 53,165,000 received through April 7 were only .3 percent above 53,018,000 in last year’s corresponding period. Self-prepared efiles of 44,666,000 were 3.5 percent behind 46,272,000 a year earlier.
Refunds also remain behind last year’s totals with 69,095,000 issued this year down 1.3 percent from 70,040,000. The average refund improved slightly to $2,878, off 9.3 percent from $3,175 a year ago, but better than in prior reports.
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
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.