e-News for Tax Professionals 2025-43

The IRS launched the 2025 Nationwide Tax Forum Online, providing tax professionals access to seminars recorded at this year's IRS Nationwide Tax Forum.

The Nationwide Tax Forum Online provides information to tax professionals on current tax law, IRS procedures and essential topics for the upcoming tax season. Each seminar features a 50-minute interactive video presentation synchronized with PowerPoint slides, downloadable resources and full transcripts.

Tax professionals can earn continuing education credit for a fee of $29.00 per credit. Courses can also be reviewed for free.

To access the seminars, a tax professional needs to either have or create an account on the IRS Nationwide Tax Forum Online website. Instructions can be found on the FAQs tab on the website.

The 15 new 2025 seminars available now are:

Building a Sustainable Practice Through Ethics.
Distributions from Retirement Plans and IRA's: A Crash Course.
How to Help Taxpayers Avoid Abusive Tax Promotions and Abusive Return Preparers.
Introduction to OPR and Circular 230.
Law and Audit – The Due Diligence Process.
New Features for Tax Pros: Do Business Faster and Easier with IRS Online.
Plenary Session: Tax Law Changes for Tax Year 2025.
Retirement Plans Basics 101 for the Practitioner.
Stand Out as a Trusted Tax Professional: A Guide to Prepare Accurate Refundable Tax Credit Returns for Your Clients.
Taxable Digital Asset Transactions: The Impact of the 1099-DA on Tax Year 2025.
Using IRS Digital Tools and Communications Options for Practitioners.
Partnerships and Non-resident Alien Withholding: Sections 1446(a) and 1446(f).
How to Avoid Processing Delays and Streamline Return Filing.
Getting Taxpayers Back on Track: Quickly Resolving Unpaid Tax Debts While Preventing New Ones from Occurring.
Disaster Reporting Best Practices – Maximizing Resources from A to Z.

The IRS Nationwide Tax Forum Online is a continuing education provider certified by the National Association of State Boards of Accountancy and the IRS Return Preparer Office.

2. Learn about Protecting Your Practice from Data Breaches

IRS representatives are hosting a series of sessions to help educate tax professionals about warning signs and steps to take to prevent data breaches. The IRS is seeing an increase in the number of reported data breaches affecting tax professionals.

Tax professionals interested in joining can choose a session on three different dates.

Data Breach – You Might Be Next! What to Look Out for & How to Protect Yourself

Thursday, November 13, 2025
Wednesday, November 19, 2025
Tuesday, November 25, 2025

Join any day at either of the times listed below:

Noon ET (11 a.m. CT, 10 a.m. MT, 9 a.m. PT) or
3 p.m. ET (2 p.m. CT, 1 p.m. MT, noon PT)

All sessions are 30 minutes long.

There’s no need to register for the briefings. Just join by clicking the link for the Microsoft Teams Meeting. All sessions use the same link.

IRS Speakers:

Glenn Gizzi, senior tax analyst, Data Breach
Mark Henderson, information technology specialist, Cybersecurity

Topics include:

Practitioner Scams: IRS Cybersecurity will describe the most prolific scams that practitioners should watch out for. See sample scams emails and learn about different ways scammers attempt to steal your clients’ information.
Data Breaches: The IRS Data Breach program lead will describe what happens when you experience a data breach, the next steps involved and the resources available to you such as the Written Information Security Plan (WISP).
Identity Protection PIN: Learn how you can help yourself and your clients protect federal tax return information.
How This Affects You: Learn how your local area is affected by scams and data breaches.

Participants will receive helpful links to help themselves and their clients.

Please note: CE/CPE will not be granted for these sessions.

If you have a data breach/scam question, please email [email protected] in advance of the program.

3. Penalty relief for information reporting on tips and overtime under the One, Big, Beautiful Bill

The Department of the Treasury and the Internal Revenue Service issued guidance providing penalty relief to employers and other payors for taxable year 2025 regarding new information reporting requirements for cash tips and qualified overtime compensation under the One, Big, Beautiful Bill.

Tax professionals should be aware of this guidance since it could impact business clients with employees as well as individual clients who receive tips or overtime compensation.

Notice 2025-62 provides penalty relief from the new information reporting requirements for cash tips and qualified overtime compensation under the OBBB to employers and other payors for not filing correct information returns and not providing correct payee statements to employees and other payees.

Specifically, employers and other payors will not face penalties for failing to provide a separate accounting of any amounts reasonably designated as cash tips or the occupation of the person receiving such tips. In addition, employers and other payors will also not face penalties for failing to separately provide the total amount of qualified overtime compensation. The relief is limited to returns and statements filed and provided for taxable year 2025 and applies only to the extent that the person required to make the return or statement otherwise files and provides a complete and correct return or statement.

Employers and other payors may not currently have the information required to be reported under the OBBB, or they may not have the systems or procedures in place to be able to correctly file the additional information with the IRS, or SSA in the case of a Form W-2, and provide it to employees and other payees. Also, the IRS has announced that they will not update Forms W-2 and 1099 for tax year 2025 to account for the OBBB-related changes. Therefore, the IRS is treating tax year 2025 as a transition period for enforcement and administration of the new information reporting requirements for cash tips and qualified overtime compensation under the OBBB.

While not a requirement to receive the penalty relief provided in Notice 2025-62, the IRS encourages employers and other payors to provide employees and payees, particularly those in a tipped occupation, with the occupation codes and separate accountings of cash tips, so the employee or payee can claim the deduction for qualified tips for taxable year 2025. Likewise, the IRS encourages employers and payors to provide employees and payees with separate accountings of overtime compensation, so the employee or payee has readily available the information necessary to claim the deduction for qualified overtime compensation for taxable year 2025. Employers and payors can make the information available to their employees and payees through an online portal, additional written statements provided to the employees or payees, other secure methods, or in the case of qualified overtime compensation in Box 14 of the employee’s Form W-2.

The new reporting requirements under the OBBB include:

No tax on tips: Certain employees and self-employed individuals who receive qualified tips may deduct qualified tips reported on a Form W-2, Form 1099, or reported directly by the individual on Form 4137. Employers and other payors must file information returns with the IRS, or SSA in the case of Form W-2, and provide statements to taxpayers showing certain cash tips received during the year and the occupation of the tip recipient.
No tax on overtime: Certain individuals who receive qualified overtime compensation may deduct the qualified overtime compensation reported on a Form W-2 or Form 1099. Employers and other payors must file information returns with the IRS, or SSA in the case of Form W-2, and provide statements to taxpayers showing the total amount of qualified overtime compensation paid during the year.

Notice 2025-62 will be in Internal Revenue Bulletin 2025-48, dated November 24, 2025. Tax professionals should be on the lookout for forthcoming guidance for individual taxpayers that addresses how they can claim the deductions for qualified tips and qualified overtime compensation when they file their taxable year 2025 returns.

For more information, refer to the One, Big, Beautiful Bill provisions page on IRS.gov.

4. Tax Relief for Taxpayers Affected by Disaster Situations in Parts of Alaska, North Dakota and South Dakota

Certain taxpayers in Alaska, North Dakota and South Dakota were granted tax relief by the IRS.

For Alaska, this includes individuals and businesses in the Lower Kuskokwim Regional Educational Attendance Area, Lower Yukon Regional Educational Attendance Area, and Northwest Arctic Borough affected by severe storms, flooding and remnants of Typhoon Halong that began on Oct. 8, 2025. These taxpayers now have until May 1, 2026, to file various federal individual and business tax returns and make tax payments.

For North Dakota and South Dakota, this includes individuals and businesses in the Sisseton-Wahpeton Oyate Tribal Nation affected by severe storms and flooding that began on June 12, 2025. These taxpayers now have until Feb.2, 2026, to file various federal individual and business tax returns and make tax payments.

Tax relief in disaster situations includes additional details for taxpayers affected by these and other disaster situations.

The IRS encourages tax professionals to help spread the word about this tax relief. Please share this information with other tax professionals and taxpayers who are located near the areas impacted by these disasters.

5. IRS Operations During the Lapse in Appropriations

During the current lapse in appropriations, tax professionals and their clients can use tools on IRS.gov including Tax Pro Account, online account for individuals and Business Tax Account.

Tax professionals can use these resources to set up their own IRS online accounts and encourage clients to begin using the accounts, too:

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