Explore the transformative impact of AI on the accounting industry, highlighting automation, predictive analytics, and the evolving role of accounting professionals.
Read more...
Explore how accounting firms are scaling operations and enhancing service delivery by leveraging emerging technologies like cloud accounting and automation.
Read more...
Explore the rise of cloud accounting as a sustainable and efficient solution for modern firms. Delve into its benefits and challenges, with insights from industry leaders.
Read more...
Explore the latest IRS tax provisions focused on offshore income and digital assets. Learn how accountants can navigate these changes and enhance service offerings.
Read more...
Explore the changing landscape of sales tax compliance amid e-commerce growth. Learn about the challenges and solutions for businesses navigating regulations.
Read more...
Explore how today's CFOs are transforming from financial stewards to strategic drivers in the corporate world, shaping decisions in technology, investments, and innovation.
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