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Americans Aren't Filing Their Taxes This Year

Americans Aren't Filing Their Taxes This Year

By Ben Steverman

Bloomberg, March 10, 2017

Are millions of Americans just forgetting to file their taxes this year?

More than halfway through the 2017 filing season, the U.S. Internal Revenue Service reported receiving 5.7 million fewer individual returns than at a comparable point last year. That's an 8.5 percent drop.

Tax professionals often discuss tax seasons the same way live performers talk about audiences. Each on is different, they say, with its own mood, rhythm, and political undercurrents.

The vibe for 2017? Slow and sluggish.

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