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Topic: Tax

Tennessee Governor Bill Lee to Repeal the Gym Tax in the Upcoming Budget

 

Tennessee Governor Bill Lee’s first budget to include Tax Cuts

Tennessee State GovernmentNashville, TN – Today, Tuesday, February 19th, 2019, Tennessee Governor Bill Lee announced his plans to repeal the amusement tax on gym memberships in his upcoming budget.

“I’m pleased to be able to include a tax cut in my first budget,” said Lee. “Repealing the gym tax is an important step in reducing the burdens on small businesses in our state.”

Tennessee Governor Bill Lee

Tennessee Governor Bill Lee

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Increasing Evidence for Taxing Sugary Drinks to Improve Heart Health according to American Heart Association

 

Nancy Brown, American Heart Association CEO, comments on evaluation of sugary drink taxes in Berkeley, California published in the American Journal of Public Health.

American Heart AssociationDallas, TX – In 2014, Berkeley, California paved the way in our nation once again with policies that support healthy living. Berkeley was the first city in our nation to implement a tax on sugary drinks at the minimum level recommended by the American Heart Association of one penny per ounce to raise revenue for improving community health and nutrition.

Researchers have assessed the initial impact of the Berkeley tax in a new study published in the American Journal of Public Health.

Increasing Evidence for Taxing Sugary Drinks to Improve Heart Health “These early encouraging results affirm what we had believed -- the tax motivated people to drink fewer sugary drinks and more water in the first year.” Nancy Brown, American Heart Association CEO comments on increasing evidence for taxing sugary drinks to improve heart health. (American Heart Association) «Read the rest of this article»

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American Heart Association Comments on Sugary Drink Taxes in Mexico

 

The American Heart Association comments on first-year evaluation of implementation of Mexico’s sugar-sweetened beverage tax in 2014.

American Heart AssociationDallas, TX – In 2014, Mexico implemented a tax on sugar-sweetened beverages as a step toward reversing the twin epidemics of diabetes and obesity.

A study examining the first-year impact on beverage volume sales in Mexico after tax implementation shows that a tax of one peso per liter decreased the volume of sugary drinks purchased by a significant amount (6% monthly average), while also increasing the volume of healthier drinks purchased (4% monthly average), specifically bottled water.

Sugar-sweetened drinks associated with heart disease and other chronic diseases such as obesity and diabetes.

Sugar-sweetened drinks associated with heart disease and other chronic diseases such as obesity and diabetes.

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APSU College of Business partners with Stone, Rudolph and Henry to give students real-world training

 

Austin Peay State University - APSUClarksville, TN – Last fall, the Austin Peay State University College of Business decided to do things a little differently with its income tax class for accounting majors.

Instead of having a faculty member lead the course, the college brought in a tax attorney from the local CPA firm Stone, Rudolph and Henry to teach students about real-world tax filing scenarios.

“One of their tax attorneys taught the class of about 20 students, teaching them what they need to know about tax law, but also how to use the tax software, which is proprietary software,” Dr. Susan Cockrell, associate dean of the APSU College of Business, said. “At the end of the semester, they offered internships to eight or nine of those students.”

Local tax attorney Jennifer Thayer (center) teaches an income tax class for the APSU College of Business. (Taylor Slifko/APSU)

Local tax attorney Jennifer Thayer (center) teaches an income tax class for the APSU College of Business. (Taylor Slifko/APSU)

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Tennessee Governor Bill Haslam signs Legislation Phasing out Inheritance Tax

 

Governor holds ceremonial bill signing in Gibson County highlighting impact on family farms

The Seal of the State of TennesseeHumboldt, TN – Tennessee Governor Bill Haslam today traveled to Luckey Family Farm in Humboldt to highlight the second of three tax cuts passed during this year’s legislative session and signed by the governor.

Haslam held a ceremonial bill signing of HB 3760/SB 3762, which phases out the state inheritance tax during the next three years before it is completely eliminated starting January 1st, 2016.

The bill was introduced by the governor as the state continues its work toward providing the best customer service at the lowest possible cost to Tennesseans. «Read the rest of this article»

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American Heart Association reports Sugar-sweetened drinks linked to increased risk of Heart Disease in Men

 

Tennessee General Assembly considering 1 cent per ounce tax on on sugar-sweetened beverages supported by the Tennessee Obesity Task force

American Heart AssociationDallas, TX – Men who drank a 12-ounce sugar-sweetened beverage a day had a 20 percent higher risk of heart disease compared to men who didn’t drink any sugar-sweetened drinks, according to research published in Circulation, an American Heart Association journal.

Heart disease is the leading cause of death in the United States. Risk factors include obesity, smoking, physical inactivity, diabetes and poor diet. «Read the rest of this article»

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Locals gathered to watch President Obama’s 2012 State of the Union Address

 

President Barack Obama delivers the 2012 State of the Union Address

President Barack Obama delivers the 2012 State of the Union Address

Clarksville, TN – Clarksville for Obama held a 2012 State of the Union watch party at the New South Coffee Company where supporters gathered to listen as President Barack Obama delivered the 2012 State of the Union Address to the Nation, the Senate, and Congress.

The President laid out his plan for an economy built on American manufacturing, American energy, new skills for American workers, and a renewal of American values. During the State of the Union Address the 40 plus supporters in attendance clapped more than 2 dozen times in agreement with the President and some even cried tears of joy and pride when the President touched upon issues and legislation that would put money back into the hands of middle class Americans.

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Clarksville tax due date changed to Feb 28th

 

taxesIf you pay Clarksville city taxes there is a big change in the due date this year! Don’t forget that instead of the normal May 30th deadline, the deadline has been moved up to Feb 28th.

According to the City of Clarksville website:

“There is a change in the payment of 2008 property taxes that is significantly different from prior tax years. In tax years prior to the 2008 tax year you had until May 31 to pay the property taxes due, for the tax year 2008 the property taxes must be paid on or before February 28, 2009. The 2008 property taxes will be come delinquent on March 1, 2009. This change was necessary to better coordinate the property tax files and the administration of the city’s tax freeze and state tax relief program on a basis consistent with that of Montgomery County. To avoid interest and penalty for the tax year 2008, the payment of 2008 property taxes must be on or before February 28, 2009.”

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