Tennessee Contractor License vs. Home Improvement License
Contractors, Assurance Kent Callison Contractors, Assurance Kent Callison

Tennessee Contractor License vs. Home Improvement License

Tennessee requires licenses for construction and remodeling. The Home Improvement (HI) license covers $3,000-$24,999 residential projects in specific counties with a $10,000 surety bond. The Contractor's license is statewide for $25,000+ projects, demanding CPA-prepared financial statements and higher financial scrutiny. Choosing the correct license is crucial for compliance. Always verify requirements with the state board.

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Understanding the IRS Filing Extension for Tennessee
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Understanding the IRS Filing Extension for Tennessee

Following the April 2025 storms, the IRS automatically extended various federal tax filing and payment deadlines for the entire state of Tennessee to November 3, 2025. This includes the April 15 individual deadline. Relief is a postponement, not forgiveness. State extensions require a request. Callison CPA offers assistance.

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Payroll Pitfalls: Common Mistakes Businesses Make and How a CPA Can Help
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Payroll Pitfalls: Common Mistakes Businesses Make and How a CPA Can Help

Payroll mistakes like misclassifying employees, missed deadlines, and inaccurate calculations can cripple businesses. CPAs offer expertise in worker classification, tax compliance, accurate calculations, record-keeping, and staying updated on tax laws, ensuring smooth and compliant payroll processing. Contact Callison CPA to avoid these costly pitfalls.

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Hammering Down Success: How CPAs Help Roofing Businesses Thrive
Contractors, Tax, Bookkeeping Kent Callison Contractors, Tax, Bookkeeping Kent Callison

Hammering Down Success: How CPAs Help Roofing Businesses Thrive

Roofing businesses face unique financial challenges. CPAs offer crucial support beyond taxes, including accounting for roofing companies, bookkeeping, financial statement preparation (often required for licensing), profitability analysis, and business planning. Outsourcing bookkeeping frees owners to focus on growth. Partnering with a CPA like Callison CPA is essential for long-term success.

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Understanding Financial Statement Services: Compilations and Reviews
Assurance, Contractors Kent Callison Assurance, Contractors Kent Callison

Understanding Financial Statement Services: Compilations and Reviews

Callison CPA in Chattanooga explains financial statement services: Compilations organize financial data without assurance, suitable for basic financing. Reviews offer limited assurance via inquiries and analysis, ideal for growing businesses. Choosing depends on financing needs and stakeholder requirements. Contact Callison CPA for guidance.

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Bookkeeping Bliss: How Outsourcing Can Fuel Your Small Business Growth
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Bookkeeping Bliss: How Outsourcing Can Fuel Your Small Business Growth

Outsourcing bookkeeping allows small business owners to focus on core competencies by freeing up time spent on financial tasks. Experienced bookkeepers offer expertise, improve accuracy, enhance cash flow, and provide scalability. While there are costs involved, outsourcing can ultimately save time, reduce stress, and contribute to business growth.

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All content on this blog is intended for general informational purposes only and does not constitute legal or professional advice. Please contact a member of our team for accounting advice specific to your situation or needs.