Explore the growing impact of sustainability reporting on accounting practices, highlighting how companies incorporate ESG factors into financial statements to enhance transparency and accountability.
Read more...
Learn about effective strategies for managing a remote accounting firm, focusing on communication, technology, security, and company culture to ensure productivity and client information security.
Read more...
Discover how generative AI is transforming accounting practices, enhancing accuracy, and creating strategic opportunities for accountants. Learn about the challenges and benefits of integrating AI into traditional processes.
Read more...
Emergent trends in tax compliance and preparation reveal the increasing role of technology and client-centric advisory services in the accounting industry.
Read more...
Explore the evolving landscape of sales tax compliance and learn how businesses can adapt to new regulations and optimize their operations.
Read more...
Discover how young innovators and emerging leaders are transforming the accounting industry, embracing new technologies, and positively impacting firm growth.
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,…
The Internal Revenue Service said this week 943,000 taxpayers had filed tax returns via the IRS Free File program through February 24, a 9.7-percent increase over 869,000 filed in last year’s corresponding period.
That increase came during what the IRS called a strong start to the filing season.
For the consecutive week, filings for 2024 are narrowing the gap with 2023. For the most recently reported, the IRS received 44,584,000 returns, 3 percent fewer than the. 45,983,000 received through Feb. 2023.
There were 43,661,000 efiles for the season as reported, off 2.9 percent from 44,962,000 in last year’s corresponding period.
Taxpros were responsible for 19,290,000 efiles, 2.9 percent down from 20,239,000 a year ago. Self-prepared efiles were 4.7 percent behind the last season to date, coming it at 24,371,000, a 1.4-percent gap from 24,723,000, in last season’s comparable period.
The number of refunds issued were 17.6 percent behind the 2023 pace with this year’s 28,945,000 issued to date down from 35,142,000. However, for the second-straight reporting period, the average return grew. This season as reported saw the average at $3,213, 4.3 percent up from $3,079.
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.