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As we move closer to federal filing deadlines, the Tennessee Society of CPAs continues to push for meaningful relief for taxpayers and practitioners from the IRS.
View MoreA group of lawmakers recently introduced bipartisan legislation to create a framework for taxing purchases made with cryptocurrency.
View MoreTennessee Society of Certified Public Accountants applauds the five members of the Tennessee Congressional delegation who joined many of their colleagues in signing bipartisan letters to the Treasury Department urging it to improve this year’s tax filing season process.
View MoreTSCPA, in partnership with the AICPA and other state societies, with support from U.S. Representative Sanchez and Representative LaHood and others, is calling on the Treasury and IRS to consider solutions that will help filers bypass the extreme IRS backlog due to the pandemic and make it easier to file timely returns.
View MoreThe U.S. House of Representatives recently passed H.R. 5376, the Build Back Better Act, which includes a wide variety of budget and spending provisions, including many tax provisions.
View MoreA U.S. district court has ruled in favor of Tennessee Attorney General Herbert H. Slatery III and Kentucky Attorney General Daniel Cameron in their lawsuit to stop the Biden Administration from enforcing a tax mandate in the American Rescue Plan Act.
View MoreIn the wake of Tropical Depression Nicholas and Hurricane Ida, bipartisan legislation has been introduced in the U.S. Senate to allow the IRS to postpone tax filing deadlines when a state-level disaster declaration is issued.
View MoreThe coronavirus pandemic continues to cause many hardships to people everywhere, with CPAs and financial professionals being just as impacted. On Sept. 7-8, AICPA, TSCPA and several partner organizations are launching a social media campaign to encourage individuals to share their stories.
View MoreThe Tennessee Department of Revenue has posted summaries of the legislative changes to statutes administered by or affecting the Tennessee Department of Revenue for 2021 to its website.
View MoreThe first year of the 112th Tennessee General Assembly adjourned the evening of Wednesday, May 5.
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