Tennessee Business Tax Seminar Series - Cookeville

Wednesday, November 07, 2007 | 06:00pm

COOKEVILLE, Tenn. - The Tennessee Department of Revenue, Tennessee Society of Certified Public Accountants and Tennessee Tech University will co-sponsor the annual 2007 Tennessee Business Tax Seminar on Nov. 27 from 8:15 a.m. to 4:45 p.m. in the Tech Pride Room of the Roaden University Center, located on the Tennessee Tech University campus.

 

This seminar is designed to provide current, in-depth information on Tennessee tax issues. State tax specialists will discuss various business taxes and present recent developments in legislation and business, sales and use, gift and inheritance, individual income and tangible personal property taxes. There will also be a breakout session where attendees have the choice to learn about unemployment tax and sales tax holidays or franchise and excise tax.

Individuals who attend the seminar will be provided with comprehensive materials covering these topics and will have the opportunity to ask questions. Continuing Professional Education (CPE), Continuing Education Unit (CEU) and Continuing Legal Education (CLE) credits may be obtained for these sessions through the sponsoring university. Each seminar has a registration fee. Please contact Noel Poston at TTU to register and confirm the cost of participating by calling (931) 372-3300 or
e-mailing NPoston@tntech.edu.

Similar seminars were held in Johnson City, Murfreesboro, Chattanooga, Clarksville and Knoxville this year. For more information, please visit http://www.tennessee.gov/revenue/ or call the Tennessee Department of Revenue at (615) 253-0600.

The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws established by the legislature and the collection of taxes and fees associated with those laws. The Department of Revenue collects approximately 92 percent of total state tax revenue. During the 2006-2007 fiscal year, the department collected $11 billion in state taxes and fees. In addition to collecting state taxes, $1.9 billion of local sales tax was collected by the department for local governments during the 2006-2007 fiscal year. Besides collecting taxes, the department enforces the revenue laws fairly and impartially in an effort to encourage voluntary taxpayer compliance. The department also apportions revenue collections for distribution to the various state funds and local units of government. To learn more about the department, log on to www.Tennessee.gov/revenue.

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