TaxConnex

AUGUST 22, 2024

Meanwhile, the Tennessee Works Tax Act kicked in on July 1 as the state adopted Streamlined Sales Tax sourcing rules for a retail sale of a product from outside of Tennessee into the state. Generally, if the goods move outside of Tennessee during the lease period, the recurring periodic payments are considered exempt interstate sales.

Sales 147

Sales Tennessee Tax Illinois 147

CPA Practice

AUGUST 6, 2024

The Tennessee Society of Certified Public Accountants (TSCPA) honored its top members in six different categories at its 93rd Annual Meeting and Convention held in Kingsport, Tennessee, on June 11-13, 2024. The award is given in two categories, Experienced Leaders and Emerging Leaders.

CPA 111

CPA Tennessee South Carolina cpas 111

Accounting Today

SEPTEMBER 4, 2024

The Massachusetts Society of CPAs teamed up with the Indiana Society of CPAs, the Tennessee Society of CPAs and CPA Crossings to highlight the competencies deemed essential for aspiring CFOs.

CPA 116

CPA Tennessee Indiana cpas 116

Going Concern

SEPTEMBER 21, 2023

The alert, which was shared by both TDCI and the Tennessee Board of Accountancy, advises clients how to proceed now that JD Frost & Company/Croft & Frost/Dumpster Fire PLLC is no more. Frost, we encourage you to file a complaint with the Tennessee State Board of Accountancy at core.tn.gov.

Tennessee 111

Tennessee cpa firm accounted Account 111

CPA Practice

OCTOBER 10, 2024

3 that was attended by members from the Georgia Society of CPAs, North Carolina Association of CPAs, South Carolina Association of CPAs, Tennessee Society of CPAs, and the Virginia Society of CPAs on disaster recovery. Tennessee Society of CPAs TSCPA is providing news and resources to its members on a disaster assistance/recovery webpage.

North Carolina 116

North Carolina South Carolina Tennessee cpas 116

CPA Practice

SEPTEMBER 13, 2024

The Tennessee Society of CPAs (TSCPA) is pleased to award $280,000 in scholarships through the TSCPA Educational & Memorial Foundation to 128 Tennessee accounting students. State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.

CPA 113

CPA Pennsylvania Tennessee cpas 113

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

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

OCTOBER 1, 2024

The IRS on Tuesday announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina, and South Carolina, as well as parts of Florida, Tennessee, and Virginia. 26 in Tennessee. 22, 2024, in Alabama; Sept. 23 in Florida; Sept.

South Carolina 130

South Carolina North Carolina Tax Alabama 130

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 177

Sales Tennessee Tax Massachusetts 177

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

Cherry Bekaert

APRIL 22, 2024

However, all job creation incentives typically require: 1) A minimum net job increase 2) Maintained jobs 3) Operations in certain industries or activities Jobs Tax Credits may be claimed on a retroactive basis in Georgia, South Carolina, Mississippi, Tennessee and Virginia in any open tax years.

South Carolina 105

South Carolina North Carolina Mississippi Tennessee 105

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 231

Sales West Virginia Tax Virginia 231

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

Accounting Today

SEPTEMBER 17, 2024

The Regional Leader firm based in Jackson, Tennessee, has received a strategic investment from Copley Equity Partners LLC.

Tennessee 72

Tennessee 72

CPA Practice

NOVEMBER 12, 2024

Wyoming What Social Security changes are expected in 2025? A number of significant changes to Social Security benefits for retirees in 2025 have been announced by the Social Security Administration (SSA).

South Dakota 98

South Dakota North Dakota South Carolina North Carolina 98

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 Texas 147

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 105

accounting firms Tennessee accounted Account 105

TaxConnex

SEPTEMBER 26, 2024

In other states, exemption certificates expire after set periods, such as one year in Alabama and three years in Connecticut, Illinois (where three years is the recommended update period for a resale certificate), Iowa and Louisiana.

Rhode Island 130

Rhode Island West Virginia South Dakota North Dakota 130

CPA Practice

OCTOBER 7, 2024

3 that was attended by members from the Georgia Society of CPAs, North Carolina Association of CPAs, South Carolina Association of CPAs, Tennessee Society of CPAs, and the Virginia Society of CPAs on disaster recovery. Tennessee Society of CPAs TSCPA is providing news and resources to its members on a disaster assistance/recovery webpage.

North Carolina 52

North Carolina South Carolina Tennessee Georgia 52

TaxConnex

JUNE 27, 2024

Oklahoma has clarified the definition of “prepared food” and added definitions for “bottled water” and “food sold with eating utensils provided by the seller” for its sales tax exemption. The state’s magazine and book distribution exemption is discontinued.

Sales 147

Sales Tax Tennessee Colorado 147

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 Texas 130

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

TaxConnex

OCTOBER 3, 2023

Highs and lows: According to The Tax Foundation’s most recent analysis , the five states with the highest average combined state and local sales tax rates are Tennessee (9.548%), Louisiana (9.547%), Arkansas (9.44%), Washington (9.4%) and Alabama (9.24%). billion for August, $39.4 million less than estimated and $1.7

Sales 147

Sales Louisiana Tax Tennessee 147

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

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

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 75

Tennessee accounted Account accountant 75

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 194

Sales South Dakota Tax Kentucky 194

Cherry Bekaert

OCTOBER 28, 2024

This relief is available in parts or all of Georgia, South Carolina, North Carolina, Alabama, Tennessee and Florida. Tennessee : Tax relief measures are detailed on the Tennessee Department of Revenue website. More details can be found on the IRS website.

South Carolina 52

South Carolina North Carolina Tax Alabama 52

TaxConnex

AUGUST 2, 2022

Tennessee also has a holiday on gun safes and safety devices that runs all the way to June 30, 2023. Tennessee will also have a sales tax holiday the entire month of August on food and food ingredients (not including alcoholic beverages, tobacco, candy, dietary supplements and prepared food).

Sales 130

Sales West Virginia South Carolina Tax 130

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 75

Tennessee CPA Legal 75

CPA Practice

OCTOBER 8, 2024

The scope of disaster relief encompasses individuals and businesses throughout Alabama, Georgia, North Carolina, and South Carolina, as well as 41 counties in Florida, eight counties in Tennessee, and select areas in Virginia, including six counties and a city.

South Carolina 116

South Carolina North Carolina Tax tax return 116

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 Transportation 116

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 183

West Virginia Sales Alaska Tax 183

CPA Practice

AUGUST 27, 2024

It’s not like Tennessee or Florida or Nevada. Once you hit the $1 million threshold, you pay more state tax in Massachusetts. Just another thing you’ve got to contend with in negotiations up there,” he continued. Some of these teams have no state income tax. You get hit pretty hard on that with the agents.”

Massachusetts 95

Massachusetts income tax Nevada Tennessee 95

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

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