https://www.irs.gov/newsroom/irs-issues-important-interim-guidance-on-employer-matching-contributions-made-to-retirement-plans-related-to-employee-student-loan-payments
https://www.irs.gov/newsroom/irs-reopens-voluntary-disclosure-program-to-help-businesses-with-problematic-employee-retention-credit-claims-sending-up-to-30000-letters-to-address-more-than-1-billion-in-errant-claims
https://www.irs.gov/newsroom/irs-moves-forward-with-employee-retention-credit-claims-agency-accelerates-work-on-complex-credit-as-more-payments-move-into-processing-vigilance-monitoring-continues-on-potentially-improper-claims
The IRS recently announced that as of July 26, 2024, Get Transcripts tools on IRS.gov have been removed. Individual Online Account will be the only application on IRS.gov that individual taxpayers can use to access their Transcript Delivery System (TDS) transcripts online. For more details, please review information on individual transcripts on IRS.gov. Business entity transcripts
IRS Issues Updates to Individual and Business Transcripts Read More »
https://www.irs.gov/newsroom/treasury-irs-issue-updated-guidance-on-required-minimum-distributions-from-iras-other-retirement-plans-generally-retains-proposed-rules
TSCPA’s State Tax Committee met with representatives from the Tennessee Department of Revenue and the Tennessee Department of Labor & Workforce Development at the State Tax Liaison meeting on June 6. The State Tax Committee meets semi-annually with officials to stay up to date on tax trends and regulatory changes, as well as discuss issues impacting Tennessee
TSCPA State Tax Liaison Meeting Summary Read More »
By: Michelle Freeman, CPA, and Shelby Follis, CPA The 2024 spring tax season proved to be more challenging than Tennessee taxpayers anticipated, with major changes not only lingering at the federal level but on the Tennessee franchise and excise tax return as well. Tennessee enforces a franchise and excise tax filed on Form FAE 170
Tennessee Property Measure (Schedule G) Refund Claims Read More »
https://www.tn.gov/revenue/news/2024/7/11/annual-sales-tax-holiday-happening-july-26—july-28.html
Annual Sales Tax Holiday Happening July 26-28 Read More »
https://www.irs.gov/newsroom/treasury-irs-issue-final-regulations-requiring-broker-reporting-of-sales-and-exchanges-of-digital-assets-that-are-subject-to-tax-under-current-law-additional-guidance-to-provide-penalty-relief-address
https://www.irs.gov/newsroom/treasury-and-irs-announce-final-regulations-on-how-to-report-and-pay-the-corporate-stock-repurchase-excise-tax