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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 May 29.
View MoreWhether we acknowledge it or not, the audit profession is in the middle of a radical transformation. Facing a confluence of challenges – technological disruption, shifting regulatory landscapes and critical talent shortages – the profession must evolve rapidly or risk obsolescence.
View MoreBelow are descriptions of new provisions from the One Big Beautiful Bill Act, signed into law on July 4, 2025, as Public Law 119-21, that go into effect for 2025.
View MoreThe IRS recently issued Notice 2025-36, declaring 83 pieces of guidance in the Internal Revenue Bulletin (IRB) to be obsolete.
View MoreOn July 3, the U.S. House of Representatives passed H.R. 1, the One Big Beautiful Bill Act (OBBB), sending it to President Donald Trump for his signature.
View MoreTennessee's traditional sales tax holiday on clothing, school supplies and computers begins at 12:01 a.m. on Friday, July 25, 2025, and ends at 11:59 p.m. on Sunday, July 27, 2025.
View MoreThe Tennessee Department of Revenue has made updates to tax manuals.
View MoreThe City of Burns voted to enact a municipal-level business tax. The effective date of the tax is August 1, 2025.
View MoreThe Governmental Accounting Standards Board (GASB) today issued implementation guidance in the form of questions and answers intended to clarify, explain, or elaborate on certain GASB pronouncements.
View MoreThe Office of the Senate Parliamentarian recently ruled that a provision in the One Big Beautiful Bill Act (OBBBA) to defund the PCAOB and transfer its functions to the SEC is not permissible.
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