For individuals, trusts, and corporations that make quarterly estimated tax payments, the deadline to make second quarter payments for tax year 2025 is Monday, June 16th, unless you qualify for IRS disaster relief.

For families who own closely held businesses, the estate tax can be especially burdensome, potentially forcing the sale of a family business just to cover the tax bill. That’s why proactive estate planning is so critical, especially for high-net-worth individuals.

As Congress debates one of the most significant tax packages in years, businesses and individuals are watching closely to see how the proposed tax bill could impact their bottom line.

Reflections from a 2025 tax season intern.

In a continued response to industry concerns regarding the accessibility of CPA licensure, the Tennessee House of Representatives has passed HB 1330, a widely anticipated update to legislature that adds a new pathway to becoming a certified public accountant in Tennessee.