Next week at the tax forums; be aware of new tax scam; Whistleblower Office FY2022 Report to Congress; and more
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Issue Number:? 2023-27Inside This Issue
1.??IRS Nationwide Tax Forums begin next week; register soon, San Diego nearly sold out Join us in-person as the IRS Nationwide Tax Forums kick-off its five-city program next week, providing tax professionals with multiple opportunities to learn more about changes to tax law and IRS transformation efforts. During each of the five three-day forums, tax professionals will experience an ambitious program during what is a historic time for the tax community. This year, the tax forums will take place in the following cities:
The standard registration rate for the 2023 IRS Nationwide Tax Forums is $299. This rate is available now and ends two weeks before the start of each forum. For a closer look at the tax forums, watch a short video about the program, as well as our 5 Things to Know segment on Tax Talk Today. For additional information and to register, visit www.irstaxforum.com. 2.??IRS, Security Summit partners warn of new scam: unusual mailing tries to trick people into sending photos, bank account information Tax pros, be on the lookout for a new tax scam that tries to mislead people into believing they are owed a refund. The new scheme involves a mailing coming in a cardboard envelope from a delivery service. The enclosed letter includes the IRS masthead and wording that the notice is "in relation to your unclaimed refund." The letter tells the recipients they need to provide "Filing Information" for their refund, as well as more sensitive information including cell phone number, bank routing information, Social Security number and bank account type. This letter contains a variety of warning signs, including odd punctuation and a mixture of fonts as well as inaccuracies. "This is just the latest in the long string of attempts by identity thieves posing as the IRS in hopes of tricking people into providing valuable personal information to steal identities and money, including tax refunds," said IRS Commissioner Danny Werfel. "These scams can come in through email, text or even in special mailings. People should be careful to watch out for red flags that clearly mark these as IRS scams." This news release is also available in Spanish and Simplified Chinese. 3.??IRS Whistleblower Office releases FY22 Report to Congress; the office collected more than $172 million from whistleblower information The Whistleblower Office Report to Congress was recently released, including information showing a 10-year history of awards, the whistleblower claim processing flowchart, average claim processing time by major process, an analysis of length of time for various claim processes and a 5-year analysis of claims built and submissions received. In addition, the report included more information on administrative priorities for the Whistleblower Program. In fiscal year 2022, the Whistleblower Office made 132 awards to whistleblowers totaling more than $37.8 million (before sequestration). This included 26 awards under IRC section 7623(b). Proceeds collected were more than $34.5 million. 4.???5 Things to Know? with ETAAC Chair In a recent edition of the 5 Things to Know segment on Tax Talk Today, Jared Ballew, Chair, Electronic Tax Administration Advisory Committee (ETAAC), talked about the recently released ETAAC Public Report, how the IRS advisory committee has evolved over the years and how viewers can get involved with ETAAC. Operating under the rules of the Federal Advisory Committee Act, ETAAC members represent various segments of the tax community to provide continuing public input into the development and implementation of the IRS organizational strategy for electronic tax administration. 5.??Does your client make extra cash selling goods or providing a service? Taxpayers who sell items or provide a service and get paid by payment card or through a payment app, may get a Form 1099-K reporting those transactions. Remind your clients to keep good records of these sales throughout the year. Learn more by watching a short IRS video. 6.??Webinar: Employee Retention Credit The upcoming webinar, Employee Retention Credit, takes place on July 25 at 2 p.m. ET. Certificates of completion will be offered to all participants who qualify. Tax professionals can earn up to two continuing education credits. Visit the Webinars for Tax Practitioners webpage for more information about the course and to register. Thank you for subscribing to e-News for Tax Professionals an IRS e-mail service. If you have a specific concern about your client's tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the mailing list e-News for Tax Professionals. Please Do Not Reply To This Message To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions page on the IRS Web site. |
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