Employee Plans and Exempt Organizations will participate in the IRS Nationwide Tax Forums in five cities starting in July. The forums provide three days of seminars and workshops featuring speakers from both the IRS and tax practitioner organizations. In addition to getting the latest tax information, tax professionals can earn continuing education credits for their attendance.
This year, Employee Plans will present one seminar, “SEPs and SIMPLEs – Avoiding Pitfalls.” This seminar will discuss how to properly adopt and operate a SEP and SIMPLE IRA plan. These plans offer a simple way for businesses to help employees get started saving for retirement.
Employee Plans will discuss:
- SEP and SIMPLE saving options and limits
- Use the right compensation to calculate the correct contribution
- Determine when employees participate in the plan
- Employees of related employers
- Common errors we find on SEP and SIMPLE audits
- Steps to take each year to keep your plan headed down the right path
Exempt Organizations will once again present multiple sessions of its Exempt Organization Workshop Form 990, Return of Organization Exempt from Income Tax. This workshop will cover filing basics and will also discuss unique aspects of the form, such as how to report the activities that form the basis for an organization's continued exemption. The session will also explore the consequences of the most common Form 990 errors and how to avoid them.
The dates and locations of this year's forums are:
|IRS Nationwide Tax Forums 2015 Locations and Dates|
|National Harbor, Maryland (DC)||July 7-9|
|Denver, Colorado||July 28-30|
|San Diego, California||August 11-13|
|Atlanta, Georgia||August 25-27|
|Orlando, Florida||September 1-3|