April 8, 2025
Tennessee provides individuals affected by any federally declared natural disaster occurring in this state with relief in the form of a sales tax refund on sales tax paid on certain items used to restore, repair, replace, or rebuild damaged or destroyed items.
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April 4, 2025
The Internal Revenue Service today reminds individuals and businesses in areas covered by 2024 disaster declarations that their 2024 federal income tax returns and tax payments for tax year 2024 are due on Thursday, May 1, 2025.
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March 21, 2025
The Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule exempting U.S. companies and persons from reporting beneficial ownership information (BOI), while requiring foreign entities registered to do business in the U.S. to report BOI under new deadlines. This rule redefines "reporting company" to include only foreign entities and exempts domestic entities from BOI reporting requirements.
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March 15, 2025
In recent years, there have been numerous natural disasters in Tennessee and neighboring states, leading to substantial economic losses.
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March 15, 2025
“HAL, do a research and development (R&D) study.”
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March 10, 2025
The City of New Hope voted to enact a municipal-level business tax.
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March 6, 2025
Tennessee law authorizes the Commissioner of Revenue to extend a state filing due date whenever the IRS extends a federal filing due date for a group of taxpayers impacted by a natural disaster.
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February 28, 2025
Complete Feb. 28, 2025, legislative report
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February 20, 2025
The curtains have closed on 2024 with the election completed, Tennessee Schedule G refund claims filed, and engagement letters for 2024 tax returns underway.
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February 20, 2025
TSCPA’s State Tax Committee met with representatives from the Tennessee Department of Revenue (DOR) and the Tennessee Department of Labor & Workforce Development (DOL) at the State Tax Liaison meeting on Dec. 4, 2024.
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