Tax Season by the Numbers

The IRS recently released statistics covering the year to May 10, 2013

Recently released stats from the IRS show growth in e-filing between 2012 and 2013, but declines in lots of other areas ...

The total number of individual returns filed and processed both declined slightly.

All forms of e-filing increased, bringing it to just under 85 percent of all individual returns filed as of May 10.

According to the IRS, almost 80 percent of refunds used direct deposit.

Overall refunds dropped by approximately $9 billion from 2012 to 2013, but direct-deposited refunds dropped by just a little over $3 billion.

The average direct-deposited refund for 2013 was over $200 larger than the overall average refund.

On the whole, it wasn't a bumper year, with total returns down, the total number and amount of refunds down, and the average refund lower than in 2012. Even the big jump here -- in self-prepared returns e-filed -- isn't good news for tax preparers.
The IRS was quick to point out, however, that there was a huge jump in visits to IRS.gov -- they were up almost 25 percent over 2012.



Tax Tips for the Armed Forces

The IRS has put together its annual selection of advice for members of the military

View the slideshow >>


6 Tips for Retaining Millennials

Bruce Tulgan shares the best ways to keep your young stars

View the slideshow >>


Top 15 Accounting Firm Taglines

Our favorite firm slogans from around the CPA profession.

View the slideshow >>


Top 10 Challenges of Managing Multiple Accounting Offices

Consolidation in the accounting industry has resulted in more accounting firms juggling multiple locations. Maureen Schwartz, executive director of BKR International, provides a top 10 list of challenges as well as guidance for multiple-office practice management.

View the slideshow >>


What to Do When Your Identity Has Been Stolen

A step-by-step guide for victims of ID theft (and their advisors)

View the slideshow >>


The 'Tax Warrior' Creed

Philadelphia firm Drucker & Scaccetti creates a warrior mindset

View the slideshow >>


10 Tips for Fighting Tax-Related ID Theft

Constant vigilance is the price of fighting online fraud

View the slideshow >>


Taxpayers Speak!

A WalletHub survey reveals what your clients really think about taxes and more

View the slideshow >>


Top 10 Form W-2, 1099 and 1095 Myths vs. Realities

Greatland Corporation has compiled a list of misconceptions when it comes to tax-reporting requirements. Failing to understand the real truth behind these myths can cost a business extra money to file again or, even worse, to pay steep fines if reporting is not done in compliance with regulations.

View the slideshow >>


The Fastest-Growing Firms in the U.S.

The firms with the highest 2015 revenue growth from our Top 100 Firms/Regional Leaders list

View the slideshow >>