June 1 Professional Privilege Tax Deadline Approaching

 

NASHVILLE - The Tennessee Department of Revenue is reminding members of the 22 professional groups required to file and pay the annual professional privilege tax of the June 1 deadline. The department’s convenient online tax filing and payment options at  tn.gov/revenue  allow filers to complete their tax return, make a payment and receive confirmation in just minutes. New online filing options are available for companies that pay on behalf of their employees and remit single bulk payments to complete their returns.

 

“Simple steps and 24-hour convenience have made filing online increasingly popular,” said Commissioner Farr. "We hope that all taxpayers will explore the many benefits of our e-filing and credit card payment services this year.”

 

Taxpayers can pay via credit card or electronic funds transfer through their checking account at the department's Web site, www.TN.gov/revenue. MasterCard, American Express and Discover Card are accepted and will be charged an associated 2.49 percent processing fee. All online tax filing applications, including individual income tax, franchise and excise tax, sales tax and consumer use tax, now offer both credit card and EFT payment options at the department’s Web site.

 

In order to assist taxpayers with compliance to 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 at (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 2009-2010 fiscal year, the department collected $10.2 billion in state taxes and fees. In addition to collecting state taxes, $1.9 billion of local sales tax was collected by the department for local governments during the 2009-2010 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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