IRS Tax News

Tax pros may earn continuing education credits and more

IRS YouTube Video:

• 2021 IRS Tax Forum Will Be Virtual – English

IR-2021-118, May 24, 2021

WASHINGTON — The Internal Revenue Service today announced that the 2021 Virtual IRS Nationwide Tax Forum will be held over five weeks starting July 20, with a series of live-streamed webinars every Tuesday, Wednesday and Thursday.

Held each summer for 30 years, the IRS Nationwide Tax Forums are the IRS's marquee outreach event to the tax professional community. This year, the IRS decided once again to provide these events in a virtual format in an abundance of caution and for the safety of the tax professional community.

The virtual format allows experts from the IRS and its association partners to educate and update the tax professional community on tax law, cybesecurity, ethics and other topics. Registering and attending these virtual seminars will allow many to fully satisfy their annual continuing education requirements.

Tax professionals are encouraged to register now to take advantage of this virtual program.

Seminar dates and agenda

The 2021 Virtual Nationwide Tax Forum will begin on July 20 and continue through Aug. 19 with live-streamed webinars broadcast on Tuesdays, Wednesdays and Thursdays. Registration enables attendees to participate in all of the live webinars earning up to 28 continuing education credits.

The Nationwide Tax Forum will feature a keynote address from Commissioner Chuck Rettig, a plenary session with tax law and publications updates, and multiple sessions on high-interest topics such as the new Advance Child Tax Credit, virtual currencies, the gig economy, tax professional ethics, advanced cybersecurity and more. Presentations are made by both IRS experts and partner associations.

This year, the plenary session and an ethics webinar will be offered both in English and Spanish. Additional multilngual resources will be available for attendees in the Virtual Expo.

Course details, including webinar titles, descriptions and schedule are available now.

2021 registration and fees

Tax professionals who register by June 15 at 5 p.m. ET qualify for an Early Bird rate of $240 per person. The standard rate, starting June 16, will be $289.

Discounts for national association members

Members of the IRS's national partner associations listed below qualify for a discount of $10 off the Early Bird rate, but only if they register by June 15. Participating association members should contact their association directly for more information:

• American Bar Association (ABA) Section of Taxation
• American Institute of Certified Public Accountants (AICPA)
• National Association of Enrolled Agents (NAEA)
• National Association of Tax Professionals (NATP)
• National Society of Accountants (NSA)
• National Society of Tax Professionals (NSTP)
• Low Income Taxpayer Clinics (LITC)
• Volunteer Income Tax Assistance Program (VITA)

Virtual Expo and Focus Groups

Registration at the 2021 Virtual IRS Nationwide Tax Forum includes access to the Virtual Expo. The Virtual Expo provides a great opportunity to visit with exhibitors representing dozens of commercial leaders in the industry, as well as leading national associations and several key IRS offices.

New this year is the IRS's multilingual engagement and services booth, which will feature the expanded resources, IRS publications, forms and webpages that are now available in various languages. They will also share some related efforts coming soon. Highlights of the Virtual Expo include:

• The latest tax products and software
• The IRS Zone and engagement with representatives from IRS program offices
• Bonus Q&A sessions in the Speaker's Corner
• Live webinars from many of our sponsors

In addition, attendees are invited to share their experiences and discuss innovative ideas directly with the IRS in small, virtual focus groups. Please check the website for the list of topics and qualifying criteria.