Issue Number:  2017-27

Inside This Issue

1.     July 11 Marks End of Early Registration for Dallas IRS Tax Forum

2.     Security Summit Launches “Don’t Take the Bait” Campaign

3.     IRS Launches 2017 Summertime Tax Tip Program

4.     Follow us on Twitter

5.     Country-by-Country Reporting Pages Launched on IRS.gov

6.     July 19 Webinar: What You Need to Know about Practicing before the IRS

7.     YouTube: Rental Income

 

1.  July 11 Marks End of Early Registration for Dallas IRS Tax Forum

Tax professionals interested in attending the IRS Nationwide Tax Forum in Dallas can save $115 by registering by July 11.

Enrolled agents, certified public accountants, certified financial planners, Annual Filing Season Program participants and other tax professionals can register at the standard rate of $255 through July 11, but attendees registering after that date or on-site will pay $370.

The Dallas IRS Nationwide Tax Forum takes place July 25-27.

The daily schedule lists a wide variety of seminars ranging from identity theft prevention, to understanding business returns, to issues in exam and collection, to the IRS future state.

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2.  Security Summit Launches “Don’t Take the Bait” Campaign

The IRS warns tax professionals to increase their computer security and to beware of their inbox – specifically the successful email scams dubbed spear phishing that are disguised to look as if they come from a friend, a customer or a company.

The 10-week campaign begins July 11, coinciding with the opening of the first IRS Nationwide Tax Forum in Orlando, Fla., and ends Sept. 12 with the final Nationwide Tax Forum in San Diego.

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3.  IRS Launches 2017 Summertime Tax Tip Program

More than 719,000 taxpayers received plain-language Tax Tips directly to their email inboxes during this past tax filing season and got information to help them file their taxes.

Because taxes are year-round for many taxpayers, and many taxable situations arise during the summer months, the Internal Revenue Service offers a Summertime Tax Tip program that began July 3. The IRS is encouraging taxpayers to sign up now for this email service to help them get a jump-start on their taxes and learn about the tax implications of events that often occur during the summer months.

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4.  Follow us on Twitter

Did you know that IRS has a Twitter account that provides news and guidance for tax professionals?

Follow us at https://twitter.com/irstaxpros.

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5.  Country-by-Country Reporting Pages Launched on IRS.gov

The IRS has launched Country-by-Country Reporting pages on irs.gov. These pages provide background information on Country-by-Country Reporting, frequently asked questions and other resources, including a list of jurisdictions that have concluded Competent Authority Arrangements with the United States.

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6.  July 19 Webinar: What You Need to Know about Practicing before the IRS

The July 19 webinar, What You Need to Know about Practicing before the IRS, will include: 
 

• Regulations governing tax practice before the IRS

• Due diligence obligations

• Overview of other key Circular 230 provisions

• Practitioner responsibilities to clients and the tax administration system

• Best practices for tax professionals

• OPR policies and procedures

 

Earn two continuing education credits for ethics.

 

Register now.

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7.  YouTube: Rental Income

Learn about when and how to report your clients’ rental income from a house, condominium, mobile home or boat by watching this YouTube video. 

Watch this and other videos on the IRS YouTube Channel .

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