Explore the transformative impact of AI on the accounting industry, highlighting automation, predictive analytics, and the evolving role of accounting professionals.
Read more...
Explore the latest trends in managing accounting firms, focusing on sustainability reporting, technology integration, and enhancing client relationships.
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 evolving landscape of sales tax compliance in 2023. Learn how regulatory changes and digital tools are shaping the future for businesses, with insights from major firms.
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,…
Self-prepared returns almost caught up with last year’s tax season as the rate of filing by professionals accelerated. The DIY efiles were down .4 percent for the 43 filing days ended March 26, from the 61 days ended March 27, 2020.
But professional efiles improved by 5.4 percentage points over the total reported for the season ended March 26. The pros submitted 39,926,000 efiles, off 10.3 percent from 44,501,000 in last year’s corresponding period. The category was off by 15.7 percent for the period reported through March 19.
There were 85,005,000 returns received by the Internal Revenue Service for the season to date, a decline of 6.2 percent from 90,617,000 for the longer corresponding period in the 2020 tax season.
Overall, there were 80,835,000 received, a decline of 5.5 percent from 85,559,000. DIYers had 40,909,000 efiles submitted, a drop from 41,058,000 a year ago.
The number of refunds remained down double digits with 56,494,000 issued for the tax season as reported, off 19.2 percent from 69,931,000 a year earlier.
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.