tax pro e-filings down 20 percent
irs.gov visits top 1 billion.
by beth bellor
irs
irs web traffic doubles over year-ago
as filers seek stimulus checks.
busy season barometer
how’s covid-19 impacting your firm?
join the survey. sound off. get answers.
by beth bellor
want a bright spot in the irs’ weekly updates on tax filings? it’s website traffic, more than double what it was a year ago.
more: covid drowns irs in new filings | 2020 tax season comes to a screeching halt | the tax season 2020 dumpster fire | tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns | tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear
exclusively for pro members. log in here or 2022世界杯足球排名 today.
everything else? a sea of red.
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covid drowns irs in new filings
* total includes returns filed to obtain economic impact payments by those who would not usually file income tax returns.
why not? submissions are way down.
busy season barometer
how’s covid-19 impacting your firm?
join the survey. sound off. get answers.
by beth bellor
coronavirus hit irs data in a couple of ways this week.
people who don’t ordinarily file income tax returns, but did so to obtain economic impact payments, boosted filings higher than they might have been for the week ending april 17, the latest data. in addition, visits to irs.gov shot up 77 percent over 2019 – the get my payment link surely was part of that picture.
more: 2020 tax season comes to a screeching halt | the tax season 2020 dumpster fire | tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns | tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear | slow start for tax pro e-filing | data points down as tax season opens | the fight for new tax clients
the internal revenue service reported receiving 116 million individual income tax returns, down 15.5 percent. it had processed 106.6 million returns, up 18.5 percent.
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the tax season 2020 dumpster fire
coronavirus crushes tax prep.
how’s covid-19 impacting your busy season?
join the survey. sound off. get answers.
by beth bellor
slammed by the covid-19 crisis, tax season 2020 has gone off the rails.
tax return filing activity is trending down, and who can blame filers? with an automatic three-month extension, those who owe taxes have no incentive to file anytime soon. and practitioners are consumed with protecting their firms and rescuing their clients.
more: tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns | tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear | slow start for tax pro e-filing | data points down as tax season opens | the fight for new tax clients
that may be impacting numbers for e-filings by tax professionals, which are down in double digits. perhaps those whose dealings are complex enough to need assistance are seeking appointments in june now.
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tax pro e-filings lag by 512,000 returns
refunds up on average, down in total.
by beth bellor
busy season barometer:
how does this year’s busy season compare to last year’s?
better, worse, or about the same?
data points down as tax season opens
diys, refunds are up.
the 卡塔尔世界杯常规比赛时间 busy season barometer: new year, new strategies?
join the survey. get the results.
by beth bellor
filings were behind last year’s marks as tax season opened, according to the irs, and pros handled about 35 percent of e-filings.
more: the fight for new tax clients | 5 tax review keys | treat review procedures like quality control | survey results: tax pros forecast a better 2020 | can the irs enforce the tax code? | tax pro’s upbeat on cusp of busy season | use tax return prep for training and growth | irs undertakes overhaul | all 2020 tax season coverage
the internal revenue service received 15.8 million individual income tax returns for the week ending jan. 31 – the first of the season and just five days long – down by 1.6 percent from the year before. it had processed 12.9 million returns, down 2.7 percent, for a processing rate of 82 percent.
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should the irs go down in history?
3 reasons an agency historian would be a good idea.
by 卡塔尔世界杯常规比赛时间 research
karl marx may have been wrong about workers rising up against their capitalist overlords, but he was right in observing that much of history can be explained by economics.
more: 5 easy ways that congress could fix tax collection | 4 ways to fix irs collections | taxpayers deserve better receipts | what’s the real impact of irs audits?
if history and economics go hand in hand, it makes sense that the internal revenue service, an entity through which trillions of dollars pass in a constant flow, should have an in-house historian. its policies, programs, decisions, managers, records, cases, controversies and artifacts are an important part of american and world history – but only if they survive for historical analysis.
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3 ways to improve irs levies
because common sense isn’t always common.
by 卡塔尔世界杯常规比赛时间 research
there’s a rumor that the pillared citadel of the internal revenue service on constitution avenue has a secret room where no one ever goes. it’s the largest room in the building, yet empty save for distant echoes in the dark. the room has a name. it’s called the room for improvement.
more: how the irs abuses ‘math errors’ | taxpayers deserve better receipts | troubles with irs private debt collection | what difference does one word make? | what’s the real impact of irs audits? | data divers profile taxpayer filing styles
ok, that’s an exaggeration. the irs is constantly improving, at least when congress gives it the funds to do so.
but that doesn’t mean the room isn’t there.
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there’s a new sheriff in town… at the irs
charles rettig, new irs commissioner, is shaking things up for reasonable-comp issues.
by bradlley burnett
tax filings: everything up but refunds
pros handled 57% of e-filings.
by beth bellor
e-filing pace quickens toward finish
average refund remains down.
by beth bellor
why shouldn’t all tax practitioners need licenses?
does a 90% error rate alarm anyone?
by 卡塔尔世界杯常规比赛时间 research
america needs tax preparers. without them … well, it’s hard to imagine how people would calculate any more than the most rudimentary returns.
more: data divers profile taxpayer filing styles | who’d like a friend in the irs? | wanna change the tax world? | the big free-file flop | survey: busy season goes sour | lessons learned: how the federal shutdown hit busy season 2019 | taxpayer advocate slams congress over funding
the funding of the government would fall to a fraction of what is needed to sustain the nation. tax preparers are an essential link between the government and those who fund it.
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2 ways the eitc error rate is high
and 6 contributing factors.
by 卡塔尔世界杯常规比赛时间 research
the earned income tax credit is considered one of the most efficient federal programs for sustaining people with inadequate income. part of the eitc’s efficiency results from the lack of an intermediary checking the qualifications of those who receive it.
more: who’d like a friend in the irs? | hello, irs? anybody home? | tax season 2019 serves up a taste of the future | the demise of schedule a? | tax refund fury roils busy season
the tax return itself is the application for eitc. there is no other process, no pre-return vetting, no social workers. the closest thing to an intermediary is the tax preparer who makes sure the correct income is reported and the correct forms filled out.
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