HHM Certified Public Accountants

07/15/2026

🚩Important IRS Deadline Ahead: S Corporation and C Corporation Designated Officials

Officials who registered for an IRS Business Tax Account in 2025 may need to revalidate their role by July 29, 2026, to maintain access.

Holden Beauregard explains:

-Who is affected
-What the IRS requires
-What could happen if the deadline is missed

Read the full article and take action before the deadline.

There is an important deadline for Designated Officials for S corps and C corps who registered in 2025 to renew their roles.

07/10/2026

We were proud to sponsor the 16th Annual Dustin Ledford LIVE WIDE OPEN Golf Tournament, supporting the Dustin Ledford Scholarship Foundation.

The DUSTIN LEDFORD SCHOLARSHIP FOUNDATION awards scholarships to one senior from each of the three Cleveland City and Bradley County high schools.

A special shoutout to Charleen Avilla of HHM Bookkeeping Solutions for her longtime dedication as a board member and event organizer!

07/09/2026

The best time to set up your IRS Online Account? Before you need it.

From viewing tax records and notices to checking balances, making payments, and managing authorizations, an IRS Online Account gives taxpayers secure access to important information in one place.

Jessica Hetzler shares a step-by-step guide to creating your account through ID.me, what information you’ll need to verify your identity, and how this tool can help you stay prepared.

Read more: https://hhmcpas.com/post/how-to-create-an-irs-online-account-with-id-me-step-by-step-guide

07/08/2026

We are excited to welcome Erin Donahue to the HHM Talent team as Senior Recruiter!

With eight years of experience in full-cycle recruiting, talent acquisition, and strategic sourcing, Erin brings a strong background in helping organizations find the right people for the right roles.

We’re excited to have Erin on board as we continue growing and helping businesses find top talent.

Welcome, Erin!

https://hhmcpas.com/post/hhm-talent-adds-erin-donahue-as-senior-recruiter

07/06/2026

As students gear up to head back to the classroom, taxpayers may soon have a new way to support educational opportunities.

Grant Rice shares what you need to know about the new Federal Tax Credit for Scholarships under the H.R. 1 Reconciliation Bill, including how qualified contributions to Scholarship Granting Organizations (SGOs) could provide future tax benefits.

Read more about this new planning opportunity beginning in 2027.

The H.R. 1 Reconciliation Bill introduced a significant new federal tax provision that could substantially reshape the landscape of K–12 education funding. Beginning in 2027, taxpayers will be eligible to claim a federal income tax credit, formally known as the Federal Tax Credit for Scholarships ...

07/04/2026

Independence Day is a time to celebrate not only our nation’s history, but also the communities that make it strong.

As America begins its 250th anniversary celebration, we’re grateful to serve organizations and businesses that make a lasting impact across Tennessee, Florida, and beyond.

Wishing everyone a joyful and safe Fourth of July!

07/02/2026

Legislation has introduced Trump Accounts, a new tax-advantaged savings option that could benefit many families beginning in 2026.

In Max Purifoy's latest article, he breaks down:

• Who is eligible
• How Trump Accounts work
• Contribution limits and tax treatment
• What Form 4547 is used for
• Key planning considerations

As guidance continues to develop, understanding these new rules can help you determine whether a Trump Account fits into your family's financial plan.

With the passing of the Reconciliation Bill (H.R. 1) in late 2025, taxpayers have a new opportunity with the recently developed “Trump account.” These accounts are effectively traditional IRAs established for a taxpayer’s child. The account is designated as a Trump Account upon establishment b...

06/30/2026

Congratulations to Kendra Michelle on passing all sections of the CPA exam! We’re proud to celebrate this accomplishment and look forward to all that’s ahead in her career.

06/23/2026

The FTC is increasing its focus on dealership advertising and pricing practices, issuing warning letters to dealers across the country.

In this article, Jacob Pardue breaks down what dealers need to know and where compliance risks may exist.

Key areas of FTC focus:
• Advertised prices should reflect what consumers actually pay
• No hidden fees beyond government-required charges
• Consistent pricing across all advertising channels, including third-party marketplaces
• No undisclosed add-ons, warranties, or hard-added products
• Rebates should only be advertised when universally available
• Pricing should not depend on dealer-arranged financing....

Read the full article here: https://www.hhmcpas.com/post/ftc-pricing-crackdown-what-dealers-need-to-know-about-the-2026-warning-letters

06/23/2026

We enjoyed supporting the Chattanooga Area Chamber of Commerce Women Mean Business event at Chattanooga Lookouts Erlanger Park. Attendees heard valuable insights from the incoming CEO of EPB and the new Chancellor of University of Tennessee at Chattanooga on leadership, innovation, and the future of our community.

We appreciate the opportunity to connect, learn, and engage with so many outstanding women leaders across the Chattanooga area.

Pictured in the photo: Brittany Carman, Amber Mueller, Elizabeth Oberg, and Makaylah Ariazi.