Federal Reserve Holds Rates Steady
The Federal Reserve recently signaled that it may be done raising interest rates, but it is currently holding rates steady at 5.25%-5.5%.
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Tennessee Department of Revenue Issues Tax Filing Extensions for Victims of December 2023 Storms
The Tennessee Department of Revenue has recently issued Important Notice #24-01 regarding tax filing extensions for those affected by the Dec. 9, 2023, tornadoes and storms in parts of Tennessee.
View MoreBOI Reporting and Unauthorized Disclosure Penalties Increased
The Financial Crimes Enforcement Network has announced that inflation adjustments have significantly increased civil monetary penalties for violating the beneficial ownership information reporting rules and for the unauthorized disclosure or use of BOI.
View MoreTreasury and IRS Announce Delay of Reporting of Digital Assets as Cash
The U.S. Treasury Department and the IRS recently issued Announcement 2024-4 informing businesses they do not have to report the receipt of digital assets the same way they must report the receipt of cash until the Treasury and IRS issue regulations.
View MoreMeet the Chapter President: Andrew McCreary, CPA
For TSCPA Knoxville Chapter President Andrew McCreary, the journey to becoming a CPA was a natural progression.
View MoreTSCPA Welcomes 29 Successful Candidates Who Recently Passed the CPA Exam
See the list of Successful Candidates who recently passed the CPA Exam.
View MoreStaff Spotlight: Alden Ward
Throughout his career, TSCPA Director of Member Engagement Alden Ward has been involved in improving the employee and customer experience.
View MoreMeet TSCPA Member: John Dorris, Sr., CPA
For TSCPA Life member John Dorris, Sr., CPA, a last-minute decision to major in accounting opened the door to a career in the music industry.
View MoreIRS Offers Tax Relief to Tennessee Taxpayers Impacted by December Storms
The IRS announced that tax relief has been provided for individuals and businesses in parts of Tennessee affected by severe storms and tornadoes that hit parts of Tennessee in early December 2023.
View MoreTSCPA State Tax Committee Liaison Meeting Report – Dec. 6, 2023
TSCPA’s State Tax Committee met with representatives from the Tennessee Department of Revenue (TDOR) and the Secretary of State’s office and received a legislative update from Senator Kerry Roberts. The committee meets semi-annually with various state departments to discuss state tax issues and other topics of importance to Tennessee CPAs.
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