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TSCPA Supports Practitioner Services Division at IRS

July 9, 2019 TSCPA members recently met with members of Congress to ask them to support consolidating existing IRS units into a Practitioner Services Division so that taxpayer issues are resolved more efficiently.

IRS Reform Bill Approved by Congress

June 18, 2019 Congress recently voted to approve an IRS reform bill, the Taxpayer First Act.

State Legislature Votes to Repeal Professional Privilege Tax for CPAs effective May 31, 2020

May 1, 2019 The Tennessee General Assembly unanimously approved a state budget that will eliminate the professional privilege tax for CPAs after May 31, 2020. The budget will now go to the Governor for his signature, and TSCPA believes that it will be approved by Governor Lee.

States Reduce Regulatory Barrier for CPA Firms

February 21, 2019 CPA firms around the country can now operate in New Jersey and Wyoming without paying a fee or notifying the boards of accountancy. New Jersey Governor Phil Murphy signed a bill into law on Jan. 31 and Wyoming Governor Mark Gordon signed legislation on Feb. 13.