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The U.S. Treasury Department and the IRS recently issued Announcement 2024-4 informing businesses they do not have to report the receipt of digital assets the same way they must report the receipt of cash until the Treasury and IRS issue regulations.
View MoreFor TSCPA Knoxville Chapter President Andrew McCreary, the journey to becoming a CPA was a natural progression.
View MoreSee the list of Successful Candidates who recently passed the CPA Exam.
View MoreThroughout his career, TSCPA Director of Member Engagement Alden Ward has been involved in improving the employee and customer experience.
View MoreFor TSCPA Life member John Dorris, Sr., CPA, a last-minute decision to major in accounting opened the door to a career in the music industry.
View MoreThe IRS announced that tax relief has been provided for individuals and businesses in parts of Tennessee affected by severe storms and tornadoes that hit parts of Tennessee in early December 2023.
View MoreTSCPA’s State Tax Committee met with representatives from the Tennessee Department of Revenue (TDOR) and the Secretary of State’s office and received a legislative update from Senator Kerry Roberts. The committee meets semi-annually with various state departments to discuss state tax issues and other topics of importance to Tennessee CPAs.
View MoreAlthough there have not been many tax law changes this year, one tax policy change being implemented this year is sure to cause confusion for a plethora of our clients. That change is the new reporting requirements for the 1099-K.
View MoreDuring May 2023, the AICPA’s Professional Ethics Executive Committee released interpretive guidance entitled Responding to Noncompliance With Laws and Regulations and Ethical Conflicts (the Interpretation), which became effective on June 30, 2023.
View MoreSome financial professionals live in fear. After all, we live in the age of technology that’s more advanced than most humans before the turn of the 21st century ever could have imagined.
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