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Last month, CPAs from Tennessee joined their partners at the American Institute of CPAs (AICPA) in Washington, D.C., to meet with lawmakers on issues important to the accounting profession during the AICPA Spring Meeting of Council and Annual Members Meeting.
View MoreThe Tennessee Department of Revenue recently updated various tax manuals and released a brief overview of the substantive updates.
View MoreTennessee Society of CPAs recently announced that it joined the growing coalition committed to advancing diversity, equity and inclusion (DEI) within accounting through Accounting+, a nationwide campaign to attract a new generation of diverse students into the talent pipeline.
View MoreThe Tennessee Department of Revenue has recently issued Important Notice #23-13 regarding the aviation fuel tax cap in Tennessee.
View MoreThe IRS recently posted an update stating it has processed all paper and electronic individual returns received prior to January 2023 and is now opening mail within normal time frames.
View MoreThe Tennessee Department of Revenue has recently issued Important Notice #23-12 regarding the taxability of hemp-derived cannabinoids.
View MoreThe American Institute of CPAs recently released an updated version of its plan to increase both the number of accounting graduates who pursue a career in the profession and those who go on to obtain a CPA license.
View MoreThe IRS recently submitted a report to Congress evaluating a Direct File option for taxpayers and is taking steps to begin a pilot project for the 2024 filing season following a directive from the Treasury Department.
View MoreThe staff of the Public Company Accounting Oversight Board recently released a revised standard-setting agenda that includes the addition of two projects slated for short-term action.
View MoreAn important goal of the Financial Accounting Standards Board (FASB) is listening to the concerns, insights and other feedback of stakeholders. One primary concern communicated by stakeholders via the 2021 FASB invitation to comment on the Board’s agenda related to crypto assets.
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