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The U.S. Department of the Treasury's Office of Foreign Assets Control recently issued guidance clarifying that United States accounting firms are not prohibited by a White House executive order concerning U.S. sanctions against Russia from providing tax advisory and preparation services to U.S. subsidiaries of Russian companies in certain situations.
View MoreIn recognition of the recent rise in gasoline prices, the IRS has issued Announcement 2022-13, increasing the optional standard mileage rate for the final six months of 2022.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-12 regarding the state portion of vehicle registration fees.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-11 regarding the county fee for receiving and forwarding applications for certificates of title.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-10 regarding the 2022 sales tax holiday for food and food ingredients.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-09 regarding a sales and use tax deduction to compensate dealers registered in Tennessee.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-08 regarding the exemption from sales and use tax for coins, currency and bullion used as legal tender, security, or commodity.
View MoreIn conjunction with the release of its annual Data Book for 2021, the IRS released a statement clarifying the steps the agency is taking to increase its audit rates of higher-income taxpayers.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-07 regarding the exemption from sales and use tax for infrastructure used to produce broadband communications services or provide internet access.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-06, extending the gun safe and gun safety device sales tax holiday.
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