TSCPA News

On August 11, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act. The final rule became effective on its publication in the Federal Register. FinCEN also

Schedule a Take a Break with TSCPA Session Today! Take a Break with TSCPA is a one-hour social designed specifically for emerging professionals and interns. Along with creating a relaxed space for connection and community-building, we will highlight how to make the most of their TSCPA membership, share leadership and networking opportunities, and introduce participants

Get ready to save! The State of Tennessee’s annual sales tax holiday weekend will take place Friday, July 25 through Sunday, July 27. During this holiday, Tennesseans can save nearly 10 percent on qualifying clothing, school supplies, and computers. Clothing and school supplies priced at $100 or less will be tax-free, and computers priced at $1500

Jim Cooper’s Warning About America’s Most Comprehensive Financial Report In March 2011, Congressman Jim Cooper (D-TN-5) called the Financial Report of the United States Government” a more important look at the federal government that probably any other document,” yet “one of the best kept secrets in testimony to the  Oversight and Government Reform Subcommittee on

By Samantha Mansfield The speed at which artificial intelligence (AI) can complete tasks is incredibly appealing. For years, the accounting profession has been trying to fulfill the increasing needs of clients while challenged with a lean talent bench. Given the easy accessibility and adoption of AI tools, anyone can generate summaries, draft communications, analyze data, conduct research,

Let’s pause the discussion on  government policy and the economy to discuss personal finances. Earning, saving and investing areserious business in America, with accountant closely involved as they handle the numbers across the U.S. economy. That’s quite a responsibility. Our responsibility is not paltry either. At Trusco Investment  Management, we serve as fiduciaries, legally responsible

How Personal History, Relationships and Emotional Patterns Shape Financial Decisions  By James M. Harris III, CFP®, CIMA®, CPWA®, CEPA®  CPAs are trained to read balance sheets, but the most consequential numbers in a family’s financial life are often written in invisible ink. They appear in the silences during estate planning meetings, in the adult child who