June 3, 2022
The Tennessee Department of Revenue recently issued Important Notice #22-09 regarding a sales and use tax deduction to compensate dealers registered in Tennessee.
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June 3, 2022
The Tennessee Department of Revenue recently issued Important Notice #22-08 regarding the exemption from sales and use tax for coins, currency and bullion used as legal tender, security, or commodity.
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June 1, 2022
In conjunction with the release of its annual Data Book for 2021, the IRS released a statement clarifying the steps the agency is taking to increase its audit rates of higher-income taxpayers.
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May 31, 2022
The Tennessee Department of Revenue recently issued Important Notice #22-07 regarding the exemption from sales and use tax for infrastructure used to produce broadband communications services or provide internet access.
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May 31, 2022
The Tennessee Department of Revenue recently issued Important Notice #22-06, extending the gun safe and gun safety device sales tax holiday.
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May 31, 2022
The Tennessee Department of Revenue recently issued Important Notice #22-05 regarding the sales and use tax exemption for computer software developed by a person for that person’s own use.
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May 26, 2022
The IRS recently updated its frequently asked questions for the 2021 Earned Income Tax Credit, adding new information about using prior tax years to calculate the credit.
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May 20, 2022
The IRS recently issued a revised set of frequently asked questions for the 2021 Child Tax Credit and advance Child Tax Credit.
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May 20, 2022
The IRS recently issued Revenue Ruling 2022-11, announcing that interest rates will increase for the calendar quarter beginning July 1, 2022.
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May 18, 2022
The IRS is being asked to provide more information about the race, ethnicity and sex of taxpayers but is facing legal restrictions, according to a report recently released by the Government Accountability Office.
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