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The Tennessee Society of CPAs is pleased to award $275,000 in scholarships through the Educational & Memorial Foundation of TSCPA to 108 students attending colleges or universities throughout Tennessee.
View MoreThe Federal Reserve recently increased the benchmark interest rate by a quarter of a percentage point to its highest level since early 2001.
View MoreThe U.S. Department of the Treasury and the IRS recently issued final regulations T.D. 9978 allowing the assessment of erroneous COVID-19-related tax credit refunds.
View MoreThe Securities and Exchange Commission recently adopted final rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy and governance.
View MoreWith the IRS making progress in its ongoing effort related to Employee Retention Credit claims, the agency said it has entered a new phase of increasing scrutiny on dubious submissions while renewing consumer warnings against aggressive marketing.
View MoreThe IRS recently issued Notice 2023-55, announcing temporary relief for taxpayers in determining whether a foreign tax is eligible for the Foreign Tax Credit under Internal Revenue Code Sections 901 and 903.
View MoreAs part of a larger transformation effort, the IRS recently announced a major policy change that will end most unannounced visits to taxpayers by agency revenue officers.
View MoreTennessee's traditional sales tax holiday on clothing, school supplies and computers, as well as the state’s new sales tax holiday on food and food ingredients, begin on July 28 and Aug. 1, respectively.
View MoreThe Federal Reserve recently announced that its new system for instant payments, the FedNow® Service, is now live.
View MoreThe Public Company Accounting Oversight Board recently released an array of website transparency enhancements intended to allow investors, audit committee members and other stakeholders to better access and understand data from PCAOB inspection reports.
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