As published in IRS News Release IR-2023-203, Nov. 1, 2023.

2022 ended with a decline in single family starts for the first time since 2011. This according to the National Association of Home Builders (NAHB) summary published in January of 2023.

Two of the most common, and often costly, forms of cyberattacks that are affecting businesses and individuals today – whaling and spear phishing.

The Tennessee business tax is also known as the annual county and city license renewal or gross receipts tax. It is a privilege tax that applies to gross sales of all tangible personal property and services that are not specifically exempt from business tax. It’s important to note that even if a sale is exempt from sales tax, it may still be subject to business tax. This tax has been in existence since the 1970s, with the current structure in place since 2014.

The Internal Revenue Service (IRS) recently updated the process for filing Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business.

Adam Osborne, HHM CPAs Cleveland office managing partner, has been selected as an ambassador for the American Cancer Society‘s 2023 Real Men Wear Pink of Chattanooga campaign.