Our tax attorneys provide sophisticated tax advice covering such matters as individual income tax planning; complex estate planning; business tax planning; tax compliance; representation during examinations of returns and collection of delinquent tax debts; criminal tax matters; administrative appeals process; tax litigation in state and federal courts; and international tax compliance and enforcement.
Individuals seeking to be appointed as Executor, Administrator, or Personal Representative of Tennessee estates should be prepared to divulge their criminal convictions to the probate court. While most of us may not be a member of the Soprano family, as of May 10,...read more
Post-Wayfair, sales tax seems like the only thing anyone in State & Local Tax (“SALT”) is talking about. But the Tax Cuts and Jobs Act of 2017 (“TCJA”) – Congress’ colossal federal income tax overhaul - ushered in another momentous change in the relatively stable...read more
On June 5, 2019, the Tennessee Department of Revenue released updated guidance regarding sales tax collection from out of state dealers. This guidance is in response to the June 21, 2018, US Supreme Court decision in the South Dakota v. Wayfair case which overruled...read more
Since 1992, Tennessee has required certain professionals - ranging from accountants to landscape architects to veterinarians – to register and pay a $400.00 (originally $200.00) Professional Privilege Tax annually to the state of Tennessee, ostensibly on the grounds...read more
I’m often asked by clients what are the tax consequences of creating a trust or of being the beneficiary of a trust. As the initial assets placed in a trust grow, they produce income and that income is either distributed out to the beneficiary or it is held in the...read more