Bob Scott

Bob Scott

Returns Up 30.5 Percent Over Prior Week

The Internal Revenue Service has received 45,271,000 returns for the tax season through February 26, a 30.5-percent increase from 34,693,000 reported the prior week. The numbers still lag behind 2020 as the recent statistics were for 15 filing days, as opposed to 33 days for the comparable period in 2020.

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NFP Income Plunged in Crisis

More than 70 percent of nonprofit organizations saw a decline in income last year, according to a recently released survey by BKD CPAs and Advisors. The study, the “State of the Nonprofit Sector” found that a quarter of respondents reported revenue fell by 26 percent to 50 percent.

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Survey: Accountants Do Best in the South

Accountants fare best in the South when it comes to income. The recent survey by Business.org ranked the states not by actual compensation but by how much professionals make compared to the income of the average worker.

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