Data Point: 90.6 Million


The number of federal tax returns e-filed by April 24 this year. This is an increase of 5.9% over the same period last year. More than 30 million returns were filed from home computers, the service reported.

 

Source: IRS, www.irs.gov.

 

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These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

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