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The IRS and the U.S. Treasury Department recently issued Announcement 2023-16, stating that the IRS will return to in-person public hearings for proposed regulations with a telephone option available.
View MoreThe Tennessee General Assembly recently passed the Tennessee Works Tax Act (SB275/HB323), approving more than $400 million in tax cuts and marking one of the largest tax cuts in state history.
View MoreAs part of its continuing efforts to improve its oversight activities and to further increase transparency for stakeholders, the Board of Trustees of the Financial Accounting Foundation recently announced an enhancement intended to make it easier for stakeholders to raise potential concerns about compliance with the due process procedures of the FASB and the GASB.
View MoreThe National Association of State Boards of Accountancy recently announced the adoption of an amendment to the Uniform Accountancy Act Model Rules pertaining to the Uniform CPA Examination.
View MoreThe 2023 session of the 113th Tennessee General Assembly adjourned on Friday, April 21.
View MoreThe IRS and the U.S. Departments of Labor and Health and Human Services have jointly issued frequently asked questions regarding how COVID-19-related relief measures will change when the officially declared Public Health Emergency ends.
View MoreThe Public Company Accounting Oversight Board has outlined its priorities for 2023 inspections in a recently released staff report.
View MoreThe Tennessee Department of Revenue has recently updated its general Voluntary Disclosure Agreement guidance.
View MoreTennessee counties affected by the March 31 and April 1 severe storms (Cannon, Hardeman, Hardin, Haywood, Lewis, Macon, McNairy, Rutherford, Tipton and Wayne) have received tax deadline extensions to July 31, 2023, from the IRS for various federal deadlines and the Tennessee Department of Revenue for the franchise and excise deadline.
View MoreThe Federal Accounting Standards Advisory Board recently issued Statement of Federal Financial Accounting Standards 61, Omnibus Amendments 2023, Leases-Related Topics II.
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