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Tennessee Business Relief Program

August 6, 2020 On June 2, 2020, Governor Bill Lee announced the use of federal Coronavirus Relief Funds to assist Tennessee small businesses impacted by the COVID-19 crisis.

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NASBA Approves New CPA Licensure Model

July 27, 2020 The NASBA Board of Directors has announced its unanimous vote of support for the advancement of the CPA Evolution initiative, a joint initiative between NASBA and the AICPA, to design and implement a new approach to CPA licensure.

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Your Peer Review Has Been Extended - Now What?

July 16, 2020 The AICPA Peer Review Board has granted CPA firms with original due dates between Jan. 1 and Sept. 30 a six-month peer review deadline delay option to provide them with relief during the coronavirus pandemic.

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Tax Filing Extensions for TN Tornado Victims Issued by TN Dept of Rev

July 10, 2020 The Tennessee Department of Revenue recently issued Notice #20-22, postponing the franchise and excise tax and Hall income tax filing and payment deadlines to Oct. 15, 2020 for taxpayers located in Bradley or Hamilton County. This is consistent with the IRS’s decision to extend federal deadlines for individuals and business located in these counties.

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