Inside This Issue
- Nationwide Tax Forum Registration Opens March 1
- Businesses: e-File Cash Transaction Reports
- Deadline Approaching for Farmers and Fisherman
- Refundable Credits Due Diligence Training Now
- Weekend Scheduled Maintenance of Modernized e-File
1. Nationwide Tax Forum
Registration Opens March 1
your calendar: Registration for the
2019 IRS Nationwide Tax Forums opens one week from today, on March 1. Forum
dates and locations this year are July 9-11, National Harbor (Washington,
D.C.); July 23-25, Chicago; Aug. 6-8, New Orleans; Aug. 13-15, Orlando; and
Sept. 17-19, San Diego.
2. Businesses: e-File
Cash Transaction Reports
IRS urges businesses that file reports of large cash transactions to take advantage of e-file.
Federal law requires reporting of cash transactions of more than $10,000 on
IRS Form 8300. The
information on the form helps law enforcement combat money laundering, tax
evasion, drug dealing, terrorist financing and other criminal activities.
more information about the reporting requirement, see FS-2019-1 on IRS.gov.
3. Deadline Approaching
for Farmers and Fisherman
and fisherman who did not make quarterly tax payments may face a March 1 tax deadline.
following information can help you serve these clients:
- Fact sheet -
What’s new for farmers in 2018
- Tax tip -
How tax reform affects farmers and ranchers
- Tax tip - How tax
reform changes to depreciation deduction affect farmers’ bottom line
4. Refundable Credits Due
Diligence Training Now Available
updated Tax Year 2018 Due Diligence
Training module is now available. The revised training includes
tax law changes from the Tax Cuts and Jobs Act of 2017
that affect due diligence requirements, and it may qualify for one
continuing education credit. The Spanish version of this training will be
available within 60 days.
updates and more information, visit the tax preparer toolkit on
5. Weekend Scheduled
Maintenance of Modernized e-File
Modernized e-file (MeF) production and test environments will
be unavailable on Feb. 24, from 1:00 a.m. – 11:00 a.m. EST. The IRS will
perform maintenance on the systems during this time.