The General Assembly passed a corporate franchise tax cut in 2024 that was initially estimated to cost the state $1.6 billion.

The Tennessee Department of Revenue has released a list of corporations that received a combined $1.5 billion in tax refunds.

If your business sold any capital assets, profitable or not, you will have to report it to the IRS using Schedule D. The Schedule D tax worksheet helps investors calculate certain kinds of ...

The Tennessee Department of Revenue recently released which businesses received tax refunds totaling $1.5 billion. Here's the breakdown.

Bob Ferguson on Tuesday approved controversial new taxes on businesses that will help plug the state’s massive $16 billion budget shortfall. The new laws increase business and occupation (B&O ...

NASHVILLE, Tenn. — As immigration operations continue throughout Middle Tennessee, several business groups are reporting a loss in workforce because workers are scared to leave their homes ...

If you're a business owner shifting from the old to the new income tax regime, it’s crucial to understand how this affects your ability to carry forward and set off business losses. In the ...

No single business structure works best for every bookkeeping and tax practice business. Each one has legal, tax and financial reporting implications that make choosing a legal structure that ...

Unfortunately for drivers, just the taxes on a new vehicle purchase could amount to thousands of dollars. Tennessee also charges a state single-article tax on the purchase of new and used vehicles.

Officials said this port will create jobs and generate millions of dollars in tax revenue ... possible through a $2 million grant from the Tennessee Department of Transportation.

The measure also restores business tax deductions for research and development expenses and lowers the income tax rate for “passthrough” businesses, which pass on their tax liability to their ...