Tennessee Department of Revenue Extends Gun Safe and Gun Safety Device Sales Tax Holiday
The Tennessee Department of Revenue recently issued Important Notice #22-06, extending the gun safe and gun safety device sales tax holiday. View More
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The Tennessee Department of Revenue recently issued Important Notice #22-06, extending the gun safe and gun safety device sales tax holiday. View More
The Tennessee Department of Revenue recently issued Important Notice #22-05 regarding the sales and use tax exemption for computer software developed by a person for that person’s own use. View More
The IRS recently updated its frequently asked questions for the 2021 Earned Income Tax Credit, adding new information about using prior tax years to calculate the credit. View More
The IRS recently issued a revised set of frequently asked questions for the 2021 Child Tax Credit and advance Child Tax Credit. View More
The IRS recently issued Revenue Ruling 2022-11, announcing that interest rates will increase for the calendar quarter beginning July 1, 2022. View More
The IRS is being asked to provide more information about the race, ethnicity and sex of taxpayers but is facing legal restrictions, according to a report recently released by the Government Accountability Office. View More
According to a recently released report by the Treasury Inspector General for Tax Administration, the IRS destroyed an estimated 30 million paper-filed information returns in March 2021 due to its inability to process its paper backlog. View More
The Tennessee Department of Revenue recently issued Important Notice #22-03 regarding Tennessee’s decoupling from the federal research and development expenditure provision. View More
The Tennessee Department of Revenue recently issued Important Notice #22-04 regarding the availability of business tax wholesaler/retailer certificates to taxpayers. View More
The IRS recently announced in an email to tax professionals that it plans to migrate online services to the third-party provider ID.me this summer. View More