CPA Practice

FEBRUARY 15, 2024

Tennessee Tennessee tax deadline extension Severe tornadoes and storms hit parts of Tennessee, beginning on Dec. As a result, affected taxpayers in Tennessee now have until June 17, 2024 to file their 2023 federal income tax returns. For more information, see Tax Relief for Rhode Island Storm Victims. 28 and Aug 30.,

Rhode Island 102

Rhode Island West Virginia Tennessee Connecticut 102

TaxConnex

APRIL 9, 2024

Vitamins and supplements can be caught up – or excluded – as states continue to change how they levy sales tax on food and groceries: One recent sales tax holiday in Tennessee omitted dietary supplements (along with pet food, alcoholic beverages, candy and any food sold warm).

Sales 229

Sales West Virginia Tax Virginia 229

CPA Practice

AUGUST 1, 2023

The Tennessee Society of Certified Public Accountants (TSCPA) honored its top members in six different categories at its 92nd Annual Meeting and Convention held in Memphis, Tennessee, on June 13-15, 2023. Harrell holds a master’s in public administration (MPA) and a bachelor’s degree in economics from Florida State University.

CPA 98

CPA Tennessee Maryland cpas 98

Katz,Sapper&Miller

FEBRUARY 28, 2018

Tennessee issued the Revenue Ruling #17-08, which details nexus for transportation companies. Below is a summary of this ruling and key points to be aware of as transportation activity nexus is contemplated for the 2017 tax year.

Tennessee 40

Tennessee Transportation Tax 40

TaxConnex

FEBRUARY 8, 2022

Northeast Tennessee was one of those areas with local sales tax revenues growing by 20% in the latest fiscal year and are up 15% in the first five months of fiscal 2022, with the biggest gains coming in the more rural counties. Tennessee has repealed its drop shipment rule. to Colorado Springs, Colo., from Santa Barbara, Calif.,

Sales 175

Sales Tennessee Tax Massachusetts 175

PYMNTS

APRIL 16, 2020

Students at the University of Tennessee, Knoxville, are receiving over $15 million in refunds following the move to internet classes, the Knoxville News Sentinel reported. When we can do that for less cost, we believe returning money to our clients is the right thing to do, especially during challenging times.”.

Tennessee 56

Tennessee 56

CPA Practice

APRIL 22, 2024

The eight states are Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. You can see every state’s data here. _ ©2024 Advance Local Media LLC. Visit al.com. Distributed by Tribune Content Agency LLC.

South Dakota 116

South Dakota Alabama New Hampshire Wyoming 116

TaxConnex

MAY 23, 2023

Diapers and groceries are taxed in Hawaii, Idaho, Utah, Kansas, Missouri, Oklahoma, Arkansas, Tennessee and Alabama, Mississippi and South Dakota. California, Idaho, South Carolina, Tennessee and Virginia exempt clothing sales for some nonprofits. Playing dress-up Clothing is taxable in most states and the District of Columbia.

South Carolina 130

South Carolina South Dakota Sales Montana 130

PYMNTS

MAY 4, 2018

In a distributed denial-of-service (DDoS) attack this week, the website of a county election commission in Tennessee went offline during a mayoral primary. Despite the disruption, Knox County reported that the cyberattack did not impact the results of the election, TechCrunch reported.

Tennessee 46

Tennessee Ohio 46

Going Concern

MARCH 21, 2024

An accounting firm you’ve never heard of made the local news in a Tennessee town you’ve also never heard of for the firm moving into 55,000 square feet in a 128,000-square-foot building where 2,000 Citi call center grunts used to work. According to earlier reporting, the property in Gray, TN (pop.

accounting firms 99

accounting firms Tennessee Account accountant 99

CPA Practice

MAY 1, 2024

Earlier this month, workers at Volkswagen AG in Tennessee voted to join the United Auto Workers, a landmark victory for union organizing in the long-hostile South, after labor groups scored wins at Ford Motor Co., Last week, a last-minute wage agreement was reached with Daimler Truck Holding AG in three southern U.S. states to avert a strike.

Tennessee 111

Tennessee Government 111

MyIRSRelief

MAY 24, 2023

IRS Help for individual & business taxpayers in: New York City, New York Los Angeles, California Chicago, Illinois Houston, Texas Phoenix, Arizona Philadelphia, Pennsylvania San Antonio, Texas San Diego, California Dallas, Texas San Jose, California Austin, Texas Indianapolis, Indiana Jacksonville, Florida San Francisco, California Columbus, Ohio (..)

North Carolina 147

North Carolina Oklahoma Ohio Tax 147

TaxConnex

MAY 7, 2024

Tennessee tax revenues exceeded estimates in March. The DOR examined whether the charges for digital textbooks are taxable as “communication services,” determining finally that students who purchase the digital textbooks are given an access code, which makes available only the digital textbook that they have purchased or rented. billion, $55.1

Rhode Island 195

Rhode Island Sales Tax South Carolina 195

MyIRSRelief

MAY 24, 2023

IRS Help for individual & business taxpayers in: New York City, New York Los Angeles, California Chicago, Illinois Houston, Texas Phoenix, Arizona Philadelphia, Pennsylvania San Antonio, Texas San Diego, California Dallas, Texas San Jose, California Austin, Texas Indianapolis, Indiana Jacksonville, Florida San Francisco, California Columbus, Ohio (..)

North Carolina 130

North Carolina Oklahoma Ohio Tax 130

TaxConnex

FEBRUARY 8, 2024

Among other reasons for rate changes: Speaking of political tax breaks, exempting groceries from sales tax continues to be popular ( Kansas and Tennessee are among the latest states to greenlight such exemptions).

Sales 192

Sales Tax South Dakota Kentucky 192

ThomsonReuters

APRIL 25, 2024

These states include Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming. These states are Alabama, Alaska, Florida, Hawaii, Illinois, Iowa, Mississippi, Nevada, New Hampshire, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Vermont, Washington, and Wyoming. States with no income tax.

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

CPA Practice

JANUARY 17, 2023

Tennessee: The Tennessee Society of CPAs (TSCPA) recently released its Updated Fiscal Year 2021 Tennessee Tax Credit Report which provides a detailed list of all credits claimed for tax periods July 1, 2020 to June 30, 2021. Shapiro’s first budget proposal.

CPA 124

CPA Pennsylvania Tennessee Nevada 124

CPA Practice

MARCH 5, 2024

Top 100 accounting firm HHM CPAs has expanded outside of Tennessee after merging in Pensacola, FL-based CPA firm Bizzell, Neff & Galloway on March 1. HHM has three offices in Tennessee: Chattanooga, Memphis, and Cleveland. Bizzell will continue his role as managing partner of the HHM Pensacola office.

cpas 52

cpas Florida Tennessee tax consultant 52

Accounting Today

DECEMBER 15, 2023

billion if the Tennessee-based billionaire elects to sell Buffett his remaining stake. Haslam contends Pilot Travel executives installed by Warren Buffett have changed quarterly-earning accounting methods in a way that will cut the value of his holdings by $1.2

Tennessee 70

Tennessee Account accountant accounted 70

TaxConnex

OCTOBER 18, 2022

California, Idaho and Tennessee exempt only clothing sales for some nonprofits, for example. States like Kansas and Tennessee are among the latest to pass such exemptions. Our Halloween-month look at tricky items for sales tax continues here with a few items it’s hard to live without….

Rhode Island 130

Rhode Island Sales Tax South Carolina 130

Withum

FEBRUARY 27, 2024

Tennessee: This state has one of the lowest tax rates with 1.85%, and has a unique approach to taxation. Tennessee taxes an operator’s total sports betting handle rather than the traditional model where taxes are based on gross or net revenue. Tennessee also requires a $50,000 annual license fee.

Sports 59

Sports Delaware Vermont Tennessee 59

CPA Practice

AUGUST 4, 2023

Tennessee Residents of Tennessee don’t have to pay taxes on their Mega Millions winnings, since the state doesn’t have an income tax. Right now, Tennessee residents have a three-month grocery tax holiday. Additionally, there are several sales tax holidays and grocery tax relief programs available to residents.

South Dakota 98

South Dakota New Hampshire Wyoming income tax 98

CPA Practice

MARCH 21, 2023

Consider Memphis, Tennessee. The state of Tennessee doesn’t tax earned income. That’s especially true with slowing wage gains and nearly two years of persistent inflation. So, where should you live if you want to maximize your salary? SmartAsset, a consumer-focused financial information provider, analyzed 76 of the largest U.S.

Tennessee 116

Tennessee Texas Florida Tax 116

CPA Practice

JANUARY 3, 2024

Top 200 accounting firm ATA CPAs + Advisors has expanded its presence in western Tennessee after combining with Memphis-based Whitehorn Tankersley & Davis PLLC on Jan. With this merger, ATA now has 240 employees and 16 locations across four states—Tennessee, Arkansas, Kentucky, and Mississippi.

cpas 59

cpas Tennessee Mississippi Arkansas 59

KROST

OCTOBER 5, 2022

The conference takes place from October 10th-11th and will be held at the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee. Our Assurance & Advisory Principal, Keith Hamasaki, CPA, and Marketing Director Anna Chen are attending the Clio Cloud Conference.

Tennessee 73

Tennessee CPA Legal 73

TaxConnex

NOVEMBER 7, 2023

Some states, like Michigan, Kentucky and Tennessee, alter discounts beyond a certain percentage of the tax collected. States usually cap the amounts and might use complex formulas to determine discounts based on the amount of sales tax collected and remitted and, as in New York and Pennsylvania, among other states, filing frequencies.

South Carolina 147

South Carolina Colorado Pennsylvania Kentucky 147

TaxConnex

OCTOBER 7, 2021

Tennessee has become yet another state to beat expected tax revenues. The growth rate for all Tennessee taxes in August was 22.11 This proposal is still in the early stages but stay tuned. State revenue updates. August revenues were $1.4 billion, $255.8 million more than August 2020 and $267.9 million more than budgeted estimates.

West Virginia 181

West Virginia Sales Tax Alaska 181

TaxConnex

JULY 8, 2021

Another new Tennessee holiday, for instance, runs from July 1 through June of next year and eliminates sales tax on purchases of such items as gun safes and gun safety devices. exempt firearms, ammunition, and hunting supplies from sales tax. Some sales tax holidays last only a few days, others a week. Massachusetts Gov.

Sales 198

Sales South Carolina Tax E-commerce 198

CPA Practice

MAY 8, 2023

Tennessee, Texas, and Florida are among the most commonly moved-to states, and it just so happens that these states don’t tax income. 7,441 New Yorkers moved to Tennessee. New York lost more than 23,000 residents and over $1.6 billion in AGI to Texas. More than 40,000 New Yorkers relocated to the Carolinas.

New York 125

New York California North Carolina South Carolina 125

TaxConnex

NOVEMBER 3, 2020

The Tennessee Department of Revenue has added three FAQs to its website discussing the taxability of pre-recorded videos of online courses. A pre-recorded video of a previously livestreamed online course that is accessed by subscribers or consumers in Tennessee is subject to sales tax as the sale of access to a specified digital product.

Sales 225

Sales Tax Wisconsin Vermont 225

CPA Practice

MARCH 14, 2024

Affectionately nicknamed the “Coachella for accountants,” Xerocon will return to the US and be held in Nashville, Tennessee, from August 14-15, 2024. The event will be hosted at the Music City Center, allowing Xero’s community of accountants and bookkeepers from across the U.S.,

Tennessee 52

Tennessee bookkeeping Account accountant 52

MyIRSRelief

JULY 3, 2023

IRS audit representation servicing: New York City, New York Los Angeles, California Chicago, Illinois Houston, Texas Phoenix, Arizona Philadelphia, Pennsylvania San Antonio, Texas San Diego, California Dallas, Texas San Jose, California Austin, Texas Indianapolis, Indiana Jacksonville, Florida San Francisco, California Columbus, Ohio Charlotte, North (..)

audit 130

audit North Carolina Oklahoma Ohio 130

Withum

JANUARY 16, 2024

Markey (D) Markey (202) 224-2742 Tennessee Marsha Blackburn (R) Blackburn (202) 224-3344 Tennessee Bill Hagerty (R) Hagerty (202) 224-4944 Contact Us For more information on this topic, please contact a member of Withum’s Business Tax Services Team.

Tax 118

Tax Tennessee New Jersey Massachusetts 118

Accounting Today

SEPTEMBER 19, 2023

Jim Meade will succeed Jeff Drummonds at the Tennessee-based Top 100 Firm in 2024.

Tennessee 70

Tennessee 70

TaxConnex

MAY 14, 2024

Among other details and typical of many of these platforms, vendors with a physical presence in a state where Etsy collects and remits state sales tax do not have to remit any tax collected on sales; the platform remits the money for the vendor.

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155

CPA Practice

APRIL 5, 2024

Tennessee $1,359,081 $390,663 28.7% The table below shows a state-by-state breakdown of the average lifetime earnings compared to estimated lifetime taxes, and the percentage of earnings that will go toward tax payments, according to Self Financial: State Lifetime earnings Lifetime taxes % of earnings New Jersey $1,818,191 $987,117 54.3%

West Virginia 126

West Virginia Rhode Island South Dakota North Dakota 126

PYMNTS

FEBRUARY 18, 2020

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. The new platform should be available to First South Financial customers in June of 2020.

Tennessee 82

Tennessee Mississippi Retail 82