Revenue Makes Professional Privilege Tax Filing Easy

Sunday, April 15, 2007 | 07:00pm

NASHVILLE, Tenn. - For members of the 22 professional groups required to file professional privilege taxes annually on June 1, the process takes less than five minutes, thanks to the Tennessee Department of Revenue’s e-filing application and credit card payment option.

The Department of Revenue’s online tax filing service at www.Tennessee.gov/revenue allows filers to submit their personal information, select their professions, make a payment by credit card or electronic funds transfer and receive confirmation of their filing with a only few clicks of the mouse.

 

“The Department of Revenue is constantly trying to improve the efficiency of our tax data collection, as well as make the process as convenient as possible for our customers,” said Department of Revenue Commissioner Reagan Farr. “We hope our professional taxpayers will take advantage of e-filing and credit card payment while being assured that the data is confidential and protected under Tennessee law.”

Customers can pay via credit card at the department’s Web site, www.Tennessee.gov/revenue. MasterCard, American Express and Discover Card are accepted with an associated 2.49 percent processing fee. The department is working to add this convenient payment option to other online tax filing applications.

Who owes the professional privilege tax?

Accountants Lobbyists
Agents (Securities) Optometrists
Architects Osteopathic Physicians
Attorneys Pharmacists
Audiologists Physicians
Broker-Dealers (Agents) Podiatrists
Chiropractors Psychologists
Dentists Real Estate Principal Brokers
Engineers Speech Pathologists
Investment Advisors Sports Agents
Landscape Architects Veterinarians

Electronic filing of the sales and use tax, consumer use tax, individual income tax, professional privilege tax, and minimum franchise and excise tax returns and estimated payment returns and extensions is available via the department’s Web site, www.Tennessee.gov/revenue. Bill payments and many business tax registration activities also can be completed online.

In order to assist its customers with electronic filing, the Department of Revenue provides computer access in its offices in Chattanooga, Knoxville, Jackson, Johnson City, Memphis and Nashville. The department also offers an electronic commerce hot line to assist taxpayers and tax practitioners who use the department’s ever-expanding suite of electronic tax filing options. The statewide toll-free phone number is (866) 368-6374. Nashville-area and out-of-state callers should dial (615) 253-0704.

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 2005-2006 fiscal year, the department collected $10.3 billion in state taxes and fees. In addition to collecting state taxes, $1.8 billion of local sales tax was collected by the department for local governments during the 2005-2006 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.

Press Releases | Revenue