October 1, 2024
The Internal Revenue Service announced today that due to recent terrorist attacks in Israel, the agency is providing additional tax relief to affected individuals and businesses, postponing until Sept. 30, 2025, a wide range of deadlines for filing federal returns, making tax payments and performing other time-sensitive tax-related actions.
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October 1, 2024
The Internal Revenue Service today announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina and South Carolina and parts of Florida, Tennessee and Virginia.
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September 30, 2024
The AICPA and the National Association of State Boards of Accountancy (NASBA) are seeking input on proposed changes to the Uniform Accountancy Act (UAA) that would pave the way for states to adopt an additional pathway for CPA licensure.
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September 27, 2024
The chair of the Federal Accounting Standards Advisory Board, George A. Scott, announced today that the Board issued Statement of Federal Financial Accounting Standards (SFFAS) 64, Management’s Discussion and Analysis: Rescinding and Replacing SFFAS 15, and Statement of Federal Financial Accounting Concepts (SFFAC) 10, Omnibus Concepts Amendments 2024: Amending SFFAC 2 With Note Disclosures and MD&A Concepts and Rescinding SFFAC 3.
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September 26, 2024
The Internal Revenue Service announced today that the agency is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims for the Employee Retention Credit.
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September 26, 2024
The Tennessee Society of CPAs (TSCPA), in partnership with CPA Crossings, recently released a report addressing the use of technology in the accounting profession and key challenges to technology adoption faced by firms.
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September 26, 2024
TSCPA is pleased to present the 2025 TSCPApex Awards to honor those whose exemplary efforts and achievements are advancing Tennessee’s accounting profession.
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September 25, 2024
The second major theme that has emerged from NPAG’s research involves addressing the time and cost of education.
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September 19, 2024
The Internal Revenue Service today updated its frequently asked questions in Fact Sheet 2024-30 for the Premium Tax Credit.
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September 19, 2024
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued another resource to familiarize small business owners with beneficial ownership reporting requirements.
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