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.
As 2014 draws to a close, there may be more planning opportunities than ever before, but also more traps for the unwary, according to Grant Thornton LLP.
The third edition of our annual report highlights 10 outstanding accounting firm leaders.
The pressure to stand out in a sea of applicants may tempt job seekers at accounting firms and other businesses to be less than honest on their resumes. When CareerBuilder asked about the most unusual lie they've ever caught on a resume, employers recalled these doozies.
Tips to help professionals stand out (in a good way)
The steps businesses should take to protect against a credit card breach, according to the AICPA
Tell-tale indicators that your rock stars are eyeing the door
The most influential people in the field of accounting, as chosen by their peers.
Accounting Principalsí list shows where your next job should be
Productivity can be a big problem, even at major accounting and tax firms and other types of businesses. Employers recently shared some real-life examples with the staffing company CareerBuilders of some of the more unusual things they've seen employees doing when they should have been busy working:
Rising education costs mean clients canít pass these up