2022 Nationwide Tax Forums
The Forums are conducted virtually in July and August 2022. Find more information about the tax forums here. Now is the time to complete your online training if you could not attend this summer.
The Refundable Credits Administration office sponsored the following seminars:
Looking to Tax Year 2022: American Rescue Plan Tax Changes to the Earned Income Tax Credit and Other Child-Related Credits
Some parts of the American Rescue Plan Act of 2021 expired after 2021. This webinar will explore the rules for the earned income tax credit (EITC), child tax credit (CTC), additional child tax credit (ACTC), credit for other dependents (ODC), and the head of household (HOH) filing status for tax year 2022 returns. It will also explain additional resources, training and tools available at no charge to tax professionals through IRS’ online Tax Return Preparer Toolkit.
Participants received insight on the various methods IRS uses to educate paid preparers who may not be meeting due diligence requirements and walked through the steps of a preparer due diligence audit. The seminar explained additional resources, training and tools available at no charge to tax professionals through IRS’ online Tax Return Preparer Toolkit.
2021 Nationwide Tax Forums
The Forums were conducted virtually in July and August of 2021.
The Refundable Credits Administration office sponsored the following seminars:
Keys to Mastering Due Diligence Requirements and What to Expect During a Due Diligence Audit
Tax professionals explored due diligence requirements for the tax benefits subject to paid preparer due diligence under Internal Revenue Code section 6695(g): the earned income tax credit (EITC), child tax credit (CTC), additional child tax credit (ACTC), credit for other dependents (ODC), American opportunity tax credit (AOTC) and head of household filing status.
Participants received insight on the various methods IRS uses to educate paid preparers who may not be meeting due diligence requirements and walked through the steps of a preparer due diligence audit. The seminar explained additional resources, training and tools available at no charge to tax professionals through IRS’ online Tax Return Preparer Toolkit.
Nationwide Tax Forum Videos - the videos focus on the process for due diligence examinations under Internal Revenue Code section 6695(g).
Be Tax Ready – Understanding Rules for Due Diligence and the Child Tax Credit and Earned Income Tax Credit Under the American Rescue Plan Act of 2021
Tax professionals explored the effects of the American Rescue Plan Act of 2021 on the child tax credit (CTC), additional child tax credit (ACTC), credit for other dependents (ODC) and earned income tax credit (EITC). This session reinforced paid preparers’ understanding of due diligence requirements when preparing returns for clients claiming the CTC/ACTC/ODC, EITC, American opportunity tax credit (AOTC) and head of household filing status. The seminar explained additional resources, training and tools available at no charge to tax professionals through IRS’ online Tax Return Preparer Toolkit.
IRS Nationwide Tax Forums Online
The IRS Nationwide Tax Forums Online (NTFO) provides courses based on taped seminars from previous IRS Nationwide Tax Forums. NTFO courses may be taken for either CPE credit or audit.