2026 TSCPApex Awards Nomination Period Now Open
TSCPA is now accepting nominations for the 2026 TSCPApex Awards to honor those whose exemplary efforts and achievements are advancing Tennessee’s accounting profession.
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PCAOB Postpones Effective Date of QC 1000 and Related Standards, Rules, and Forms
The Public Company Accounting Oversight Board (PCAOB) announced today that it is postponing for one year, to December 15, 2026, the effective date for QC 1000, A Firm’s System of Quality Control, and other new and amended PCAOB standards, rules, and forms adopted by the Board on May 13, 2024.
View MoreTreasury, IRS issue FAQs to address the accelerated termination of several energy provisions under OBBB
The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2025-05 relating to the modification of sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, and 179D under the One, Big, Beautiful Bill Act (OBBB).
View MoreTennessee Society of CPAs Hosts Third Annual Future CPA Leadership Summit
On Aug. 4-5, the Tennessee Society of Certified Public Accountants (TSCPA) hosted 27 students from colleges and universities across Tennessee for the society’s third annual Future CPA Leadership Summit (FCPALS).
View MoreTennessee Society of CPAs Awards $280,000 in Scholarships
The Tennessee Society of Certified Public Accountants (TSCPA) is pleased to award $280,000 in scholarships through the TSCPA Educational & Memorial Foundation to 123 students attending colleges or universities in Tennessee.
View MoreIRS announces no changes to individual information returns or withholding tables for 2025 under the One Big Beautiful Bill Act
The Internal Revenue Service today announced that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.
View MoreTreasury and IRS Revise Corporate AMT Proposed Regulations
The U.S. Department of the Treasury and the IRS recently announced that they have partially withdrawn proposed regulations and are issuing revised proposed regulations regarding the application of the Corporate Alternative Minimum Tax.
View MoreFASB Issues Standard that Improves Measurement of Credit Losses for Accounts Receivable and Contract Assets
The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves guidance on the measurement of credit losses for accounts receivable and contract assets.
View MoreFiling Relief for Natural Disasters Act Signed Into Law
On July 24, the Filing Relief for Natural Disasters Act was signed into law by President Donald Trump.
View MoreMeet the Chapter President: William Welch, CPA
For TSCPA West Tennessee Chapter President William Welch, CPA, the accounting profession is about much more than numbers – It’s about making a difference.
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