Important Notice: Franchise Tax Property Measure Repeal
SB2103/HB1893 (2024) eliminates the property measure of the franchise tax (also known as the “minimum measure”) for tax years ending on or after January 1, 2024.
SB2103/HB1893 (2024) eliminates the property measure of the franchise tax (also known as the “minimum measure”) for tax years ending on or after January 1, 2024.
The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to the conviction of Scharneitha Britton, owner, of Kinfolks BBQ, in Smyrna. Britton previously pleaded guilty to tax and theft charges.
NASHVILLE - Join the Department of Revenue on May 7 at 9 am Central time for a free webinar to discuss schedule G franchise tax refunds and the implications of Tennessee House Bill 1893.
City of Hendersonville and Cannon County and the City of Hendersonville will increase their respective local sales tax rates to 2.75%.
SAVANNAH, Tenn. - The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to Hardin County Deputy Clerk Kimberly Wilkerson pleading guilty to tax evasion and perjury.
NASHVILLE – Attention, new business owners! Join the Department of Revenue on April 3 at 8:30 Central time for a free webinar specifically designed for new businesses.
JACKSON, Tenn. - The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to the indictment and arrest of Derek Lamar Wood, age 51, in Jackson on Thursday.
HUNTSVILLE, Tenn. - The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to Kalab Eskew pleading guilty to tax evasion Monday.
NASHVILLE -- Join the Department of Revenue on March 26 at 9 am Central time for a free webinar to discuss recent franchise and excise tax law changes.
MAYNARDVILLE, Tenn. - The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to the indictment of Phillip Jeremy Carter for two counts of tax evasion. Carter was booked into the Union County Jail on Thursday. Bail was set at $10,000.
NASHVILLE – It’s almost time to file your 2023 business tax return. Thanks to recent legislation, beginning this year over 100,000 small businesses will no longer be required to file a return and pay this tax.
NASHVILLE, Tenn. - The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to Richard Davis, former partner of multiple middle Tennessee Pie Five restaurants, pleading guilty to theft and tax evasion Thursday.
NASHVILLE - Join the Department of Revenue on February 27 at 9 am Central time for a free webinar on the taxation of hemp-cased cannabinoids.
ERWIN, Tenn.- The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to the indictment and arrest of Phillip Dean Persinger for tax evasion and theft. Persinger was arrested at his residence. Bond was set at $5,000.