The Department of Revenue has announced a free webinar scheduled for March 26 at 9 am Central time, aimed at discussing the recent changes in franchise and excise tax law brought about by the 2023 Tennessee Works Tax Act. This session is particularly relevant for those preparing for the fiscal year-end tax return due by December 31, 2023.
The webinar is designed to provide attendees with a comprehensive understanding of the alterations in tax law and how these changes may impact their tax returns. It’s important to note, however, that the webinar will not cover any legislation that is currently under consideration by the Tennessee General Assembly.
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To participate in the webinar, interested parties can register by visiting the Department of Revenue’s website at www.tn.gov/revenue/taxpayer-education/tax-webinars.html. This event is part of a monthly series of free webinars offered by the department, aimed at educating the public on various tax-related topics. More information about the webinar series can also be found on the Department of Revenue’s website.
The Department of Revenue plays a crucial role in the administration of state tax laws as well as motor vehicle title and registration laws. It is responsible for collecting approximately 87 percent of total state revenue. In the fiscal year 2023, the department successfully collected $22 billion in state taxes and fees, in addition to more than $4.6 billion for local governments. For more details about the department and its functions, visit www.tn.gov/revenue.
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