Why the End of Windows 10 Should Be on Your Radar Now
When Microsoft retired Windows 7 in 2020, many businesses – including a number of CPA firms and bookkeeping offices – ignored the early warnings.
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A Refresher on the Deduction for Business Use of a Home
Many taxpayers have businesses that they own and manage and seek ways to minimize their tax burden by claiming deductions for business use of their homes.
View MoreSeeing Through the Chaos: An Accountant’s Lens
Recent economic developments, including shifts in inflation trends, interest rate fluctuations, global supply chain considerations, and evolving geopolitical conditions, are prompting many organizations to evaluate how recent events will impact their financial reporting processes and respective results.
View MoreTSCPA FYE 2025 Year in Review
Over the last few years, the accounting profession has faced continuous challenges as technology, workforce, environmental and regulatory changes have taken place. In response to these changes, TSCPA has been working to ensure that as the professional association representing CPAs in Tennessee, we are evolving as well.
View MoreMental Health in the CPA Workplace: Replacing Barriers With Boundaries
CPAs and their employers can have a major positive impact on employees and the profession by talking about and supporting colleagues who are struggling with mental health issues.
View MoreThat '70s Show - You Can’t Always Get What You Want
Over the last two years, I shared a bold prediction in two articles in this journal.1,2 I warned about a growing threat of “stagflation,” which is the combination of slow economic growth and inflation occurring at the same time.
View MoreFASB Improves Guidance on Share-Based Consideration Payable to a Customer
The Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) to provide accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.
View MoreAICPA and NASBA Approve Model Legislation for New CPA Licensure Path
The boards of directors of the American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) have approved expansion of accountancy’s model legislation to include an additional path to CPA licensure.
View MoreFASB Issues Standard That Clarifies Guidance for Identifying the Accounting Acquirer in a Business Combination
The Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves the requirements for identifying the accounting acquirer in FASB Accounting Standards Codification® Topic 805, Business Combinations.
View MoreImportant Notice #25-08: Bail Bondsmen/Court Clerk Quarterly Reports
Effective July 1, 2025, Public Chapter 396 (2025) requires every professional bail bondsman licensed to do business in this state to file a quarterly report with the Department of Revenue (the “Department”).
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