Explore the transformative impact of AI on the accounting industry, highlighting automation, predictive analytics, and the evolving role of accounting professionals.
Read more...
Explore essential strategies for accounting firms to successfully embrace remote work. Learn about the role of technology, employee wellness, and flexible work arrangements.
Read more...
Discover how AI innovations are transforming accounting technology, offering enhanced efficiency, precision, and strategic insights for modern accounting firms.
Read more...
Discover the challenges and solutions in sales tax compliance for businesses in the U.S. amidst new regulatory changes. Explore how technology and expert consulting are aiding compliance.
Read more...
Explore how leadership dynamics in accounting firms are changing due to technology and diversity trends, with insights into modern strategies and tools shaping the industry's future.
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 season closed with a strong finish with returns exceeding 2023 totals by 1.5 percent. The Internal Revenue Service reported receiving 139,137,000 returns for the period ended April 19, up from 137,144,000 through April 21, 2023.
Efiles hit 134,531,000 for the most recently reported period, an increase of 1.9 percent over132,009,000 for last year’s corresponding period.
Self-prepared efiles were up 2.7 percent with 63,204,000 received, compared to 61,517,000 a year ago. Paid preparers submitted 71,327,00-, 1.2-percent higher than 70,492,000 for the corresponding period last year.
For the first time in a weekly report this year, the number of refunds were higher than 2023 totals—barely. There were 86,058,000 refunds issues through April 19, an increase of .1 percent from 85,935,000 through April 21, 2023
The average refund, which exceeded last year’s total from early in this year’s season, was $2,850, up 3.5 percent from $2,753
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