Blog

TN Taxpayer Relief: December 2023 Storms

Tax filing extensions for those affected by the December 9, 2023, tornadoes and storms in parts of Tennessee.

Read more...

HHM Was Proud to Sponsor This Years' Cirque du CMOM

HHM CPAs was honored to be the presenting sponsor of the Cirque du CMOM 2024, a fundraising event benefiting Children's Museum of Memphis (CMOM). ‍

Read more...

2024 Pink! Gala Raises Record Amount

HHM CPAs was proud to sponsor this years’ CHI Memorial Pink! Gala this past January. HHM partner, Brittany Carman, along with her husband, Tyler, were this year’s co-chairs of the event, alongside Beaumont and Jabo Covert.

Read more...

3 Ways to Reduce Your Taxes by Tax Day

This year the 2023 tax filing deadline is April 15th, 2024, which is fast approaching.

Read more...

Navigating the Generational Shift: Securing Future Viability through Strategic Philanthropy

In an era marked by significant challenges, including declining headcounts and the sunsetting of COVID-related funding, the impending Great Wealth Transfer emerges not just as an opportunity but as a critical lifeline for institutions seeking to stabilize and grow their financial foundations.

Read more...

HHM CPAs Welcomes Senior Level Professionals

HHM Certified Public Accountants, a full-service CPA and consulting firm with locations in Chattanooga, Memphis, and Cleveland, has added Steven Ramsey, EA, and Susan Jeffery, CPA, CGMA, to the Chattanooga office, and Mark Grochau, CPA, to the Memphis office.

Read more...

Tax Questions & Answers

We have compiled some of the most commonly asked questions we receive from clients and have provided some answers and guidance.

Read more...

Understanding and Addressing Common Audit Findings in Student Financial Aid: Insights and Effective Mitigation Strategies

Five practical strategies to address these challenges and ensure compliance.

Read more...

URGENT: Employee Retention Credit Claims May End After January 31, 2024

A bill was introduced in Congress this week entitled The Tax Relief for American Families and Workers Act of 2024.

Read more...

What is your Venmo?

Applications like Venmo and its competitors have made day-to-day transactions among family and friends easier and has made it easier for tech savvy folks to be “cash free.” Additionally, it has allowed several businesses to run below the IRS’s radar, ushering in a new era of tax evasion since income is moved from customer to owner without ever touching the ledgers.

Read more...

Important Update: IRS Reporting Deadline Extension for Clean Vehicle Sellers

Dealers be aware of this important update.

Read more...

HHM CPAs Welcomes Management Level Hires

Growing CPA firm welcomes new hires to its offices.

Read more...

Clean Vehicle Reporting Guides

Step-by-step instructions and helpful tips to navigate the intricacies of clean vehicle reporting.

Read more...

Form 1099: NEW FOR 2023 FORMS FILED IN 2024

Most companies will be required to file information returns electronically

Read more...

Corporate Transparency Act: New requirement for most businesses beginning Jan. 1, 2024

Updated as of December 1, 2023.

Read more...

Tax Deductions for Conservation Easements

A conservation easement is a charitable contribution of land in which the owner gives up only certain rights such as the development rights for their acreage.

Read more...

Upcoming Tax Deadlines: Dec-Jan

Q1 and Q4 deadlines

Read more...

Clean Vehicle Sellers and Dealers Should Register with Energy Credits Online Immediately

Clean Vehicle Sellers and Dealers Should Register with Energy Credits Online Immediately

Read more...

Estate Planning Considerations

Estate planning considerations for year-end tax planning.

Read more...