Department of Revenue
Reagan Farr, Commissioner

For Immediate Release:  May 9, 2007

Professional Privilege Tax Filing Deadline Fast Approaching

NASHVILLE, Tenn. - The deadline for filing professional privilege taxes is fast approaching. By the June 1 deadline, the 22 professional groups required to file professional annual privilege taxes will be able to do so in less than five minutes with the Department of Revenue's e-file and credit card applications.

The Department of Revenue's online tax filing service at www.TN.gov/revenue allows filers to submit their personal information, select their professions, make a payment by credit card or electronic funds transfer and receive confirmation of their filing with a only few clicks of the mouse.

"The Department of Revenue would like to remind our professional groups that file the annual privilege tax of the availability of e-filing and payment by credit card," said Revenue Commissioner Reagan Farr. "These online applications should help simplify and accelerate the filing process as the June 1 deadline approaches."

Customers can pay via credit card at the department's Web site, www.TN.gov/revenue. MasterCard, American Express and Discover Card are accepted with an associated 2.49 percent processing fee. Professional privilege tax was the first tax type that was payable by credit card. Individual income tax, consumer use tax and bill payment also accept credit card payments, and the department plans to add this convenient payment option to other online filing applications.

Who owes the professional privilege tax?

 

 

 

 

 

Electronic filing of the sales and use tax, consumer use tax, individual income tax, professional privilege tax, and minimum franchise and excise tax returns and estimated payment returns and extensions is available via the department's Web site, www.Tennessee.gov/revenue. Bill payments and many business tax registration activities also can be completed online.

In order to assist its customers with electronic filing, the Department of Revenue provides computer access in its offices in Chattanooga, Knoxville, Jackson, Johnson City, Memphis and Nashville. The department also offers an electronic commerce hot line to assist taxpayers and tax practitioners who use the department's ever-expanding suite of electronic tax filing options. The statewide toll-free phone number is (866) 368-6374. Nashville-area and out-of-state callers should dial (615) 253-0704. All taxpayer data, whether paper or electronic, filed with the Department of Revenue is confidential data protected under Tennessee law.

The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws established by the legislature and the collection of taxes and fees associated with those laws. The Department of Revenue collects approximately 92 percent of total state tax revenue. During the 2005-2006 fiscal year, the department collected $10.3 billion in state taxes and fees. In addition to collecting state taxes, $1.8 billion of local sales tax was collected by the department for local governments during the 2005-2006 fiscal year. Besides collecting taxes, the department enforces the revenue laws fairly and impartially in an effort to encourage voluntary taxpayer compliance. The department also apportions revenue collections for distribution to the various state funds and local units of government. To learn more about the department, log on to www.TN.gov/revenue.

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