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The Internal Revenue Service is making it easier for taxpayers to protect their information and avoid refund delays by accepting certain e-filed tax returns that claim dependents who have already been claimed on another taxpayer’s return.
View MoreThe Internal Revenue Service today announced that interest rates will decrease for the calendar quarter beginning Jan. 1, 2025.
View MoreRecent events in middle and east Tennessee have prompted the president to declare federal disasters.
View MoreWhen it comes to the reasons behind a charitable donation by a business, the non-tax drivers normally take center stage – from the altruistic goals of the company to the potential public relations benefits it affords them.
View MoreThe Internal Revenue Service announced today tax relief for individuals and businesses in parts of Tennessee that were affected by Tropical Storm Helene that began on Sept. 26, 2024.
View MoreThe IRS recently issued final regulations (T.D. 10011) intended to modernize the process for the government's sale of taxpayers' property after its seizure by levy.
View MoreThe Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024.
View MoreThe Internal Revenue Service announced today the annual inflation adjustments for tax year 2025.
View MoreThe Social Security Administration (SSA) recently announced that individual taxable earnings of up to $176,100 annually will be subject to Social Security tax in 2025.
View MoreConsistent with the IRS’s decision to extend federal due dates to May 1, 2025, for those businesses located in a designated disaster area resulting from Hurricane Helene, the Department has extended the franchise and excise tax filing and payment due dates to May 1, 2025.
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