Calling all entrepreneurs and business newcomers in Tennessee, the Department of Revenue has your back if you're sorting out the ins and outs of state taxes for your venture. They're rolling out a no-cost webinar on April 2 at 8:30 AM Central time, explicitly crafted for the new kids on the business block.
According to the announcement, during this online gathering, new business owners will learn the essentials of tax registration, sales and use taxes, and franchise and exercise taxes, all while discovering how to tap into the resources of the Department of Revenue and other pertinent state agencies. The webinar is part of a quarterly series aimed at smoothing the path for business newbies in Tennessee by shedding light on the state's tax obligations and resources tailored to assist them.
For those itching to learn the nuts and bolts of their state tax obligations and sidestep any potential hiccups with the taxman, registration for the April 2 event is open and just a click away. This free educational opportunity is being served up by the same folks who handle the bulk of Tennessee's state revenue management, gathering about 87 percent of it, in fact, the Department says.
And let's talk numbers—in the fiscal year of 2024, the Department of Revenue wasn't playing around, with $22.2 billion in state taxes and fees dropping into its coffers and a hefty $4.7 billion more collected on behalf of local governments. For those whose interest is piqued and who want to dig deeper into the workings of the Department or if you need some pre-webinar reading, additional details are up for grabs at their official website.
