Gym Fees Soon to be Exempt from Sales Tax

The new law applies to gyms, fitness centers, fitness studios, high intensity interval training, cross training, ballet barre, pilates, yoga, spin classes, and aerobics classes. In a previous post, we noted that in June 2018 the Tennessee Department of Revenue issued...

May 2019 7520 Rate

The 7520 Rate Continues to Drop. The 7520 rate for May 2019 is 2.8%. The 7520 rate has consistently declined since November 2018, when it was 3.6%. A table showing historical rates since 2008 is here. Some estate planning techniques benefit from declining rates....