July 29, 2021
The IRS recently updated its FAQs on the paid sick and family leave tax credits under the American Rescue Plan Act of 2021.
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July 27, 2021
The IRS recently released Notice 2021-46, providing additional guidance to employers, health insurers and health plan administrators on how to provide laid-off employees temporary assistance paying for COBRA continuation coverage and claim a refundable tax credit.
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July 19, 2021
The IRS recently launched a new feature that will give taxpayers digital control over who can represent them or view their tax records, a groundbreaking step in the agency's expansion of electronic options for taxpayers and tax professionals.
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June 29, 2021
The Department of the Treasury and the IRS recently issued Notice 2021-41, extending the Continuity Safe Harbor for taxpayers developing renewable energy projects affected by the COVID-19 pandemic.
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June 11, 2021
The IRS recently released two new sets of FAQs to assist families and small and mid-sized employers in claiming credits under the American Rescue Plan.
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June 3, 2021
The Tennessee General Assembly has approved three sales tax holidays for 2021, which include the traditional three-day weekend for back-to-school supplies, an added week-long break on food tax, and a year-long opportunity to save on gun safety equipment.
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June 3, 2021
The Tennessee Department of Revenue has announced changes to TNTAP, Tennessee’s tax filing website.
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May 19, 2021
The IRS recently issued Notice 2021-31 providing guidance on tax breaks under the American Rescue Plan Act of 2021 for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985.
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May 18, 2021
The IRS and Treasury Department recently announced that the first monthly payment of the expanded and newly-advanceable Child Tax Credit from the American Rescue Plan will be made on July 15.
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May 13, 2021
Following the recent disaster declaration issued by the Federal Emergency Management Agency, the IRS announced that victims of severe storms, straight-line winds, tornadoes and flooding that began March 25, 2021 now have until Aug. 2, 2021 to file various individual and business tax returns and make tax payments.
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