Taxpayers are still taking their time to file: that’s the takeaway from recent filing statistics released by the Internal Revenue Service (IRS). Tax season opened on time on January 27, 2020, one day earlier than in 2019. As of the end of the first few weeks of tax season (ending February 28, 2020), the IRS had received 59,305,000 individual…
If you thought that last tax season got off to a sluggish start, you might be surprised at this year’s numbers. Though the Internal Revenue Service (IRS) opened tax season on time, initial statistics show that taxpayers aren’t lining up to file early returns. Tax season opened on January 27, 2020, one day earlier than in 2019. In the…
Of tax returns filed before Tax Day 2014, the IRS says it issued more than 85 million refunds. Statistically, that’s about 75% of tax returns filed.
