= Member Only
The 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 More
The IRS recently issued a proposed regulation related to certain requirements that must be met for critical minerals and battery components for the new clean vehicle credit, as well as updated the frequently asked questions (FAQs) for the clean vehicle credits. View More
The Tennessee Department of Revenue recently updated various tax manuals and released a brief overview of the substantive updates. View More
The TSCPA Tax Practitioner Resource page is only available to active TSCPA members. This resource page offers links and information for this tax filing season, educational events and free resources to use in marketing and client retention efforts. View More
The Tennessee Department of Revenue recently made updates to several of its tax manuals. View More
The IRS and the U.S. Treasury Department recently released initial guidance concerning a new requirement to qualify for the Sec. 30D clean vehicle tax credit. View More
The IRS recently updated its frequently asked questions on the Premium Tax Credit. View More
Since 2018, TSCPA has partnered with the Taxpayer Advocate Service (TAS), an independent organization within the IRS, to host an annual Taxpayer Advocate Problem Solving Day. View More
Following the recent disaster declaration issued by the Federal Emergency Management Agency (FEMA), the IRS announced that Tennessee victims of Severe Storms and Flooding that occurred on Aug. 21, 2021, now have until Jan. 3, 2022, to file various individual and business tax returns and make tax payments. View More
The Tennessee General Assembly has approved three sales tax holidays for 2021, which include the traditional three-day weekend for back-to-school supplies, and added a week-long break on food tax and a year-long opportunity to save on gun safety equipment. View More
The Department of the Treasury and IRS recently issued final regulations clarifying the reporting requirements generally applicable to tax-exempt organizations. View More
In response to the COVID-19 virus, the Internal Revenue Service will provide an extension of time for a Reporting Model 2 FFI or a Participating FFI to file the FATCA Report (Form 8966) to the IRS. View More
The Treasury Department and the IRS recently announced the federal income tax filing due date is automatically extended from April 15, 2020 to July 15, 2020. View More
Please consider the effect of newly released Notice 2020-57 when considering the enactment date of the Families First Coronavirus Response Act, as this article was completed upon final passage of the bill and signature by the President View More
Small and midsize employers can begin taking advantage of two new refundable payroll tax credits designed to immediately and fully reimburse them for the cost of providing coronavirus-related leave to their employees. View More
