coronavirus crushes tax prep.
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by beth bellor
slammed by the covid-19 crisis, tax season 2020 has gone off the rails.
tax return filing activity is trending down, and who can blame filers? with an automatic three-month extension, those who owe taxes have no incentive to file anytime soon. and practitioners are consumed with protecting their firms and rescuing their clients.
more: tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns | tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear | slow start for tax pro e-filing | data points down as tax season opens | the fight for new tax clients
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that may be impacting numbers for e-filings by tax professionals, which are down in double digits. perhaps those whose dealings are complex enough to need assistance are seeking appointments in june now.
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