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Aiming for Easy

New tools (and less late legislation) have tax software vendors hopeful for 2014

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The trend toward do-it-yourself tax preparation continued to expand during this past filing season. Returns filed professionally saw a 0.1 percent increase as of May 10, 2013, over the previous year, while self-prepared returns grew by 4.4 percent. Overall, 43,574,000, or 38 percent, of the total of 134,349,000 e-filed returns were filed by taxpayers who prepared the returns themselves. Yet the complexity of the Tax Code continues to drive taxpayers to preparers for help, allowing the industry to thrive.

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