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The IRS recently announced that starting Jan. 1, 2022, IRS Freedom of Information Act fees for search efforts, review efforts and duplication of records increased, regardless of requester category type.
View MoreThe IRS recently updated the FAQs for the 2021 Child Tax Credit and Advance Child Tax Credit to help eligible families properly claim the credit when they prepare and file their 2021 tax return.
View MoreRead our interview with TSCPA's King Foundation Scholarship recipient Ayinel Patterson.
View MoreThe IRS recently announced that it will begin accepting and processing 2021 tax year returns on Monday, Jan. 24, 2022.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-01 repealing the Sales and Use Tax Rule 96 regarding drop shipments.
View MoreThe Office of Management and Budget recently issued Addendum No. 1 to the 2021 Compliance Supplement, providing guidance for auditing funds received from the Coronavirus State and Local Fiscal Recovery Fund and an update to the Education Stabilization Fund program section.
View MoreThe IRS recently announced that taxpayers will have until April 18, 2022, to file and pay income taxes or to request an automatic six-month extension.
View MoreAs part of ongoing efforts to improve service for the tax-exempt community, the IRS has revised Form 1024, Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code, to allow electronic filing.
View MoreThe IRS is reminding employers and self-employed individuals that chose to defer paying part of their 2020 Social Security tax obligation that a payment is due on Jan. 3, 2022.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #21-19, extending the franchise and excise tax filing and payment deadlines to May 16, 2022, for those affected by the December tornadoes, storms and flooding.
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