The IRS is urging tax professionals to secure their spots for the upcoming 2025 IRS Nationwide Tax Forum, set to take place in various major cities across the United States this summer. This event, recognized as the IRS’s largest annual outreach initiative, serves as a vital resource for tax practitioners, offering a wealth of educational opportunities that can directly benefit small business owners.
Primary benefits of attending include up to 18 continuing education credits, networking opportunities, and specialized sessions focusing on pressing topics like cybersecurity, updates to tax law, and digital asset management. Small business owners with tax-related concerns can leverage the knowledge acquired at the forum to make informed decisions and enhance their tax strategies.
Tax professionals, including enrolled agents and certified public accountants, have the unique opportunity to gain up to 18 continuing education (CE) credits, essential for maintaining their professional qualifications. The sessions will encompass crucial subjects that can enhance a tax professional’s service capacity, ultimately benefiting their small business clients.
The forum will take place in five locations: Chicago from July 1-3, New Orleans from August 5-7, Orlando from August 26-28, Baltimore from September 9-11, and San Diego from September 16-18. Early registration provides a financial advantage; attendees who register by June 10 can secure the lowest rate of $265. After this deadline, standard registration moves to $319, with on-site registration available for $399.
Attendees from partner organizations, including the American Bar Association and the National Association of Tax Professionals, can receive an additional $10 discount on the early bird rate, promoting community involvement and networking among peers. Small business owners will want to consider the potential for advice and feedback from experienced tax professionals and peers alike.
The forum’s curriculum is designed to tackle current issues in tax preparation and management. Sessions on cybersecurity are particularly timely, considering the growing number of online threats facing small businesses. Equipped with the latest strategies to identify and combat scams, participants can return to their practices better prepared to shield their clients from fraudulent activities.
A standout feature of the forum is the National Tax Forum Expo Hall, where attendees can explore a variety of products and services tailored to the tax profession. Experts from the IRS will be on hand to offer insights and solutions regarding IRS Online Accounts, tax identification issues, and more. This hands-on access to respected professionals allows for direct problem-solving and immediate feedback, a boon for busy small business owners.
Additionally, the Digital Account Services Room offers personalized assistance for creating IRS Online Accounts and resolving issues with Preparer Tax Identification Numbers. This resource can simplify processes for small business owners, enabling them to streamline their tax-related activities.
In response to emerging trends, the forum will include a Scams & Schemes Panel Discussion run by the Council for Electronic Revenue Communication Advancement (CERCA) and the IRS. This presentation will equip tax professionals with the latest strategies to recognize and avoid tax-related scams, protecting both their practices and their clients’ interests.
Special pre-forum events also enhance the learning experience. On Mondays, IRS partners will deliver practice management sessions aimed at helping tax professionals attract and retain customers, thereby improving their overall productivity and job satisfaction while also resonating with the needs of busy small business owners.
For all tax professionals looking to uplift their practice while simultaneously benefiting their small business clientele, this forum presents an unmissable opportunity. Registration information and further details are accessible online at the Nationwide Tax Forum website: IRS Nationwide Tax Forum.
As tax regulations continue to evolve, events like this hold significant value for small business owners keen on staying informed and maximizing their financial strategies. By participating, tax professionals can enhance their skills, making them invaluable resources for the small business community they serve.
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