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New COVID-19 Tax Law...Discovering Some Hidden Gems!

February 5, 2021 As we start the new year, hopefully fresh from all the tax drama, we can at least take a deep breath and rejoice about some COVID-19 tax relief. On Sunday, Dec. 27, 2020, the president signed into law what is called the Consolidated Appropriations Act (CAA), a combination of COVID-19 relief along with many other provisions amongst the 5,593 pages.

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TN Department of Revenue Updated F&E Tax Filing Procedure

January 6, 2021 With feedback from tax practitioners in mind, the Tennessee Department of Revenue has updated its procedures for managing the Tennessee franchise and excise tax (F&E) accounts of taxpayers who fail to select the “final” box on their last return.

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