TSCPA News

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Qualified Opportunity Funds: What Is To Come?

July 15, 2025 Qualified Opportunity Funds (QOFs) were first introduced by the 2017 Tax Cuts and Jobs Act, allowing taxpayers to defer capital gains by investing in low-income community tracts for an extended period as a method of promoting economic development in distressed areas.

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Ask First: Understand Better

July 15, 2025 Building on the preceding article, we suggest in this article that periods of uncertainty should not be immediately overwhelmed with efforts to provide answers, but rather, they should be met with questions

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TSCPA 2025-28 Strategic Plan

July 15, 2025 I’m excited to introduce TSCPA’s 2025-28 Strategic Plan, a forward-thinking blueprint designed to serve Tennessee’s accounting community and strengthen the profession.

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TSCPA State Tax Liaison Meeting Summary

July 15, 2025 TSCPA’s State Tax Committee met with representatives from the Tennessee Department of Revenue (DOR) and the Tennessee Department of Labor & Workforce Development (DOL) at the State Tax Liaison meeting on May 29.

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The Future of the Audit: A White Paper Executive Summary

July 15, 2025 Whether we acknowledge it or not, the audit profession is in the middle of a radical transformation. Facing a confluence of challenges – technological disruption, shifting regulatory landscapes and critical talent shortages – the profession must evolve rapidly or risk obsolescence.

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