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In an effort to provide more resources for taxpayers during this filing season, the IRS recently revised frequently asked questions for Form 1099-K, Payment Card and Third Party Network Transactions, in Fact Sheet 2024-03.
View MoreThe Federal Reserve recently signaled that it may be done raising interest rates, but it is currently holding rates steady at 5.25%-5.5%.
View MoreThe Tennessee Department of Revenue has recently issued Important Notice #24-01 regarding tax filing extensions for those affected by the Dec. 9, 2023, tornadoes and storms in parts of Tennessee.
View MoreThe Financial Crimes Enforcement Network has announced that inflation adjustments have significantly increased civil monetary penalties for violating the beneficial ownership information reporting rules and for the unauthorized disclosure or use of BOI.
View MoreThe U.S. Treasury Department and the IRS recently issued Announcement 2024-4 informing businesses they do not have to report the receipt of digital assets the same way they must report the receipt of cash until the Treasury and IRS issue regulations.
View MoreFor TSCPA Knoxville Chapter President Andrew McCreary, the journey to becoming a CPA was a natural progression.
View MoreSee the list of Successful Candidates who recently passed the CPA Exam.
View MoreThroughout his career, TSCPA Director of Member Engagement Alden Ward has been involved in improving the employee and customer experience.
View MoreFor TSCPA Life member John Dorris, Sr., CPA, a last-minute decision to major in accounting opened the door to a career in the music industry.
View MoreThe IRS announced that tax relief has been provided for individuals and businesses in parts of Tennessee affected by severe storms and tornadoes that hit parts of Tennessee in early December 2023.
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