e-News for Tax Professionals 2025-13

28 Mar 2025 3:19 PM | Anonymous

Inside This Issue

  1. See what’s happening at the 2025 IRS Nationwide Tax Forum
  2. IRS shares FAQs to help businesses with Employee Retention Credit and income tax returns
  3. Tips to expedite refunds, prevent errors
  4. Technical Guidance

1.  See what’s happening at the 2025 IRS Nationwide Tax Forum

Tax professionals are invited to register for the upcoming IRS Nationwide Tax Forum. Each of the 2025 forums is a three-day event with seminars, workshops and networking opportunities. Attendees can maximize their time by participating in additional pre-forum events including the annual filing season refresher course and practice management session.

Register today to ensure your space this summer in one of the five following cities:                                                                             

  • Chicago: July 1 – 3
  • New Orleans: Aug. 5 – 7
  • Orlando: Aug. 26-28
  • Baltimore: Sep 9-11
  • San Diego: Sep. 16 – 18

Visit IRS Nationwide Tax Forum for information and to take advantage of the Early Bird rate, which is available until June 17.

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2.  IRS shares FAQs to help businesses with Employee Retention Credit and income tax returns

The IRS shared a new set of frequently asked questions on the Employee Retention Credit (ERC). The information explains how a business can resolve issues with its income tax return if the business:

  • Did not reduce its wage expense and its ERC claim was allowed, or
  • Reduced its wage expense and its ERC claim was disallowed.

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3.  Tips to expedite refunds, prevent errors

A series of IRS guidelines and reminders can expedite tax refunds as the April 15 filing deadline nears. The IRS encourages tax professionals to:

  • Collect all tax-related paperwork.
  • Ensure filing status, names, birthdates and Social Security numbers are correct.
  • Use electronic filing.
  • Report all taxable income.
  • Answer the digital assets question.
  • Ensure bank routing and account numbers are correct.
  • Sign and date the return.
  • Make a payment by April 15.
  • Request an extension if needed.
  • Keep a copy of the tax return.

Additional information can be found on the File your tax return page on IRS.gov.

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4.  Technical Guidance

Announcement 2025-08: The competent authorities of the United States and the Swiss Confederation have entered a Competent Authority Arrangement under paragraph 3 of Article 25 (Mutual Agreement Procedure) of the Convention Between the United States of America and the Swiss Confederation for the Avoidance of Double Taxation with Respect to Taxes on Income.

Announcement 2025-13: is issued pursuant to section 521(b) of Pub. L. 106-170, the Ticket to Work and Work Incentives Improvement Act of 1999, which requires the Secretary of the Treasury to report annually to the public concerning advance pricing agreements and the Advance Pricing and Mutual Agreement Program, formerly known as the Advance Pricing Agreement Program.


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