House, Senate remain far apart on legislation. Photo: The Tennessee House of Representatives on the first day of the 2024 legislative session. Photo Credit: John Partipilo By Sam Stockard [Tennessee Lookout – CC BY-NC-ND 4.0] – The House is maintaining its distance from the Senate with a franchise tax cut that would give one-year rebates […]
Image Credit: Canva Tennessee Department of Revenue Press Release – 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. The Tennessee Works Tax Act eliminated the annual business tax filing […]
Could a tax credit system solve the franchise taxes commerce clause debate while limiting the amount of revenue the state loses? Photo: Gov. Bill Lee, front, flanked by House Speaker Cameron Sexton, left, and Lt. Gov. Randy McNally, right. Photo Credit: John Partipilo By Adam Friedman [Tennessee Lookout -CC BY-NC-ND 4.0] – As Tennessee faces a […]
The rapid succession of bank failures last spring clearly spooked federal regulators at the FDIC, the Federal Reserve Board and bank depositors. The bad decision-making at Silicon Valley Bank, Signature Bank and First Republic Bank caused the regulators to implement emergency life preserver measures to banks and conjured up memories of the 2008 financial crisis. […]
Image Credit: CBP.gov & U.S. Customs and Border Protection The Center Square [By Greg Bishop] – The Tennessee Chamber of Commerce & Industry joined a coalition of business associations from 17 U.S. states urging for a rail line along a highly trafficked area of the southern U.S. border to be opened back up. The U.S. […]
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