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irsThe number of tax returns received for the 2016 tax season through March 25 fell by .9 percent from year-earlier figures. And for the season through that period, the number of returns efiled by paid preparers dropped 3.1 percent behind the same period in 2015 while the rate of self-prepared efiled returns also fell, according to the most recent weekly report by the Internal Revenue Service.

Despite slight improvement for the season through March 11, the last two weeks have seen volumes go opposite of what most observers had expected. The prediction had been for an increase of 1 percent to 2 percent over 2015.

The number of returns filed with the IRS through March 25 was 89,412,000, off from 89,412,000 for the season through March 27 a year ago. Returns processed fell to 86,914,000, off 1.6 percent from 88,298,000. For the report for season through March 18, the number of returns filed had fallen by .4 percent from last year's figures and the total processed was down 1 percent. 

The gap between the returns efiled by tax professionals widened for the second consecutive reporting period. Pros efiled 46,100,000 returns, off 3.1 percent from 47,565,000. For the prior report, the total was down by 2.5 percent. There were 36,687,000 self-prepared returns efiled,  an increase of 3.8 percent from 35,340,000 for the comparable period in the 2015 season, but not as good as the pace reported for March 18.  

 

 

 

 

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Last modified on Monday, 11 April 2016
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