Stax Data News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The emergence over the past decade of new institutions and technologies that have made it easier for firms to obtain labor from self-employed contract workers instead of employees has spurred widespread speculation that the U.S. labor market is transitioning to a gig economy. But labor force surveys show no rise in the rate of self-employment since 2000, while the share of individuals reporting self-employment income on their tax returns increased dramatically from 2000 through 2018.

As of March 8, 2024, the IRS had received 62,761,000 tax returns, about 49% of the expected totals for the year.

Early filing data suggests a slow start to the filing season, with a nearly 20% downturn in tax returns received compared to the prior year—tax refunds are also down.

Traditionally, around two-thirds of taxpayers receive a refund at tax time. An analysis of Google search volume offers a look at those most anxious to receive a refund.

Early filing data suggests a slow start to the filing season, with a nearly 20% downturn in tax returns received compared to the prior year—tax refunds are also down.