The Internal Revenue Service plans to host its tax forums online again this summer starting July 20, as it continues to adjust its operations during the pandemic.
The agency will be presenting the forums in a series of live-streamed webinars every Tuesday, Wednesday and Thursday from July 20 through August 19. The events provide updates on new tax laws and regulations, including the ones passed in response to the COVID-19 pandemic, such as the CARES Act and the American Rescue Plan Act.
Other topics this year will include cybersecurity, the gig economy, virtual currencies, tax professional ethics, and the newly expanded Advance Child Tax Credit, which the IRS plans to begin distributing in mid-July. IRS Commissioner Chuck Rettig will be delivering a keynote address at one of the sessions. Tax pros will be able to earn up to 28 continuing professional education credits by participating in the forums.
Tax pros who register by June 15 at 5 p.m. ET can qualify for an early bird rate of $240 per person. The standard rate, starting June 16, will be $289. There’s also a $10 discount off the early bird rate for those who register by June 15 and belong to any of a number of professional associations, including the American Institute of CPAs, the National Association of Enrolled Agents, the National Association of Tax Professionals, the National Society of Accountants, the National Society of Tax Professionals, and the American Bar Association’s Section of Taxation, as well as participants in Low-Income Taxpayer Clinics and the Volunteer Income Tax Assistance Program.
The IRS has been hosting its nationwide tax forums for 30 years and traditionally convenes them at different cities around the country. Last year, however, due to the pandemic, the service began holding the forums online.
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