Accounting Today

JULY 17, 2025

In March, the firm also acquired Thurman Campbell Group , expanding into the Tennessee market. Practice management M&A MORE FROM ACCOUNTING TODAY Tax IRS enforcement efforts hit by cutbacks The IRSs progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report.

Technology

Accounting Today

JULY 1, 2025

Senator Marsha Blackburn, whose state of Tennessee is home to the Nashville music industry, led the effort to scrap the provision. All rights reserved. Trump allies in Silicon Valley, including venture capitalist Marc Andreessen, defense tech firm Anduril Industries Inc. founder Palmer Luckey and Palantir Technologies Inc.

North Carolina

Accounting Today

JULY 3, 2025

TENNESSEE Blue & Co., Danielle Lee Managing Editor, Accounting Today mailto linkedin Practice management Career moves Associations MORE FROM ACCOUNTING TODAY Tax-related court cases Tax Fraud Blotter: No solution Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

Technology

TaxConnex

MAY 7, 2024

New Jersey has begun a multi-phased modernization of its tax-filing system. In early 2025, sales and use tax filers and tax preparers will have a new self-service portal that aims to provide more control over taxpayer’s own accounts, providing faster access, easier filing and better assistance with tax account information.

Rhode Island

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

Withum

OCTOBER 3, 2024

The IRS issued a news release providing tax relief for taxpayers affected by Hurricane Helene. This includes the entire states of Alabama, Georgia, North Carolina, and South Carolina, 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia.

South Carolina

CPA Practice

MARCH 14, 2023

Allegations include stealing identities of accountants, tax preparers, and taxpayers. Yusuff and others then allegedly registered with the IRS, posing as authorized agents of multiple taxpayers using stolen information relating to the taxpayers and their real tax preparers. The indictment was unsealed on March 13, 2023.

Tax

CPA Practice

SEPTEMBER 17, 2024

Today, he is Brand Ambassador, helping shape the future and growth of one of the largest professional tax software companies in the nation. John holds a Bachelor of Science in Accounting from Oral Roberts University and an Executive MBA from the University of Tennessee, and he has been a certified public accountant since 1989.

Tax

CPA Practice

JANUARY 29, 2024

It’s back to regular IRS deadlines this year, but with a new tool for many low- and moderate-income households: a service that will prepare and file their tax returns online for free. That sort of virtual hand-holding is similar to what you’d get by using commercial tax preparation software.

tax preparation

Cherry Bekaert

JUNE 9, 2023

Georgia, along with other states including California, Indiana, Kentucky (2022 only), Tennessee and Wisconsin, does not conform to Section 174 expenditures amortization requirement, either due to recent legislation or their IRC conformity dates.

Georgia

CPA Practice

OCTOBER 17, 2023

According to the IRS, Arizona, California, Massachusetts, and New York have decided to work with the agency to integrate their state taxes into the Direct File pilot program for the 2024 filing season. In addition, the state of Washington agreed to join the integration effort for its application of the Working Families Tax Credit.

tax return

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

Going Concern

OCTOBER 20, 2023

The strategic acquisition also encompasses Mueller dotKonnect, a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. LBMC is already Tennessee’s largest CPA firm, and was recently named a 2023 best tax and accounting firm by Forbes. This move, effective Nov.

CPA

CPA Practice

OCTOBER 25, 2023

Join John Sapp, CPA and Chief Revenue Officer at Drake Software and Isaac O’Bannon, Managing Editor for CPA Practice Advisor for a live webinar covering key topics that will affect tax preparers and payers in the upcoming season. As a CPA, John has considerable experience in public and private accounting for the technology industry.

Tax

inDinero Tax Tips

MARCH 2, 2023

The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

Tax

ThomsonReuters

APRIL 25, 2024

States with no income tax. Eight states do not impose a personal income tax, meaning retirement income from any source remains untaxed. These states include Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming. States with no tax on TSPs.

South Dakota

Going Concern

JUNE 24, 2024

Earlier: The IRS Has Stopped Processing ERC Claims Because ERC Mills Are Scamming the F*ck Out of Them The IRS Is Ready to Strike the Fear of God Into Anyone Who Took ERC Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch On June 14, Inc. Meanwhile, America’s poorest residents pay the price.

Account

xendoo

MAY 19, 2021

Tennessee Street. You do not have to send payment with your tax form, but you should be prepared to pay a deposit, as we already noted. Most tax preparation software can interface with this system, though if you have trouble, you may wish to contact your software provider or consider filing on paper.

Florida

inDinero Tax Tips

MARCH 2, 2023

The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

Tax

LyfeAccounting

FEBRUARY 9, 2021

States such as New Hampshire, Tennessee, and Texas ignore S-corporation status and tax them as C-corporations. You will want to check with your CPA or tax consultant to determine if S-Corporation status is for you. If you need more assistance with your tax preparation and tax filings, we’ve got you covered.

Tax

CPA Practice

MARCH 12, 2024

“Expanding Direct File as the tax deadline approaches will provide more taxpayers a way to file directly with the IRS for free, and it will give us more valuable information to assess this pilot.” As expected, Direct File has been met with resistance from tax-prep software providers like H&R Block and Intuit , which makes TurboTax.

South Dakota

CPA Practice

JANUARY 23, 2023

By Marsha Mercer, Stateline.org (TNS) As inflation soared in the past year, families in some states suffered a double whammy—paying food sales taxes on top of higher-priced groceries. At least five of the 13 states where groceries were taxed as of last Jan. States and localities sometimes struggle with which foods to exempt from tax.

Idaho

Going Concern

JANUARY 5, 2024

He furthered his education at the University of Tennessee at Knoxville and was a member of the UT Pride of the Southland Marching Band. Based on court documents, Early was a “ghost preparer,” who falsely inflated her clients’ income to maximize the Earned Income Tax Credit and falsely claimed education-related credits on their behalf.

tax return