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# Pugh CPAs

Pugh CPAs

## Sitemaps

- [XML Sitemap](https://www.pughcpas.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [Blog](https://www.pughcpas.com/blog/)
- [Proposed Tax Legislation Impacts Financial Institutions](https://www.pughcpas.com/11/proposed-tax-legislation-impacts-financial-institutions/) - Did You Know? The much-debated tax reform proposal currently under consideration may have unexpected impacts to many financial institutions.
- [ACA Employer Reporting](https://www.pughcpas.com/01/aca-employer-reporting/) - More than five years after its enactment, the Affordable Care Act (“ACA”) continues to be one of the top concerns for employers
- [Form 1099 Reporting Information for Financial Institutions](https://www.pughcpas.com/01/form-1099-reporting-information-for-financial-institutions/) - We appreciate the opportunity to serve our Financial Institution clients. Read about the Form 1099 reporting deadlines that have changed for 2013.
- [Peer Review](https://www.pughcpas.com/01/peer-review/) - On January 8, 2015, the firm was notified by the National Peer Review Committee that the report on the review had been accepted, and we passed!
- [6 Things to Know about Business Valuation](https://www.pughcpas.com/04/6-things-to-know-about-business-valuation/) - Information about business valuation
- [Tax Reform & Economic Forecasting---The World Beyond the 2016 Election](https://www.pughcpas.com/05/tax-reform-economic-forecasting-the-world-beyond-the-2016-election/) - Pugh CPAs recently teamed up with The Trust Company for a lunch and learn to discuss tax reform and the economic forecast post the 2016 election
- [Business Valuation Case Study:  Assisting with a Potential Divestiture](https://www.pughcpas.com/07/business-valuation-case-study-assisting-with-a-potential-divestiture/) - Michael Harvey presents a Business Valuation Case Study: Assisting with a Potential Divestiture.
- [ACA:  Employer Mandate](https://www.pughcpas.com/09/aca-employer-mandate/) - With the passage of the Affordable Care Act or “Obamacare” as it is commonly called, the rules for companies offering healthcare have drastically changed.
- [Tax Digest--September 2015](https://www.pughcpas.com/09/tax-digest-september-2015/) - The most recent issue of Tax Digest has been posted to our industry news page. In this issue, you’ll find an array of various topics
- [Financial Institutions Insights Sept/Oct 2015](https://www.pughcpas.com/10/financial-institutions-insights-septoct-2015/) - Newsletter articles spanning several different topics related to financial institutions; banks and credit unions. Contact Pugh CPAs today!
- [Mr. Pugh's Views on Charitable Giving](https://www.pughcpas.com/10/mr-pughs-legacy-is-giving/) - After 46 years, Pugh CPAs is a firm based on the rich traditions and culture of excellence set forth by the founder, Mr. Will J. Pugh.
- [](https://www.pughcpas.com/12/1811/) - Meet the Firm! Check out the November article in the Knoxville Business Journal. Pugh CPAs is locally-owned in Knoxville, Tennessee.
- [Overtime Rules Suspended](https://www.pughcpas.com/12/overtime-rules-suspended/) - Many hardworking employers have been wrestling with plans to comply with new U.S. Department of Labor (DOL) overtime rules since last May.
- [New I-9 Forms and E-Verify Requirements](https://www.pughcpas.com/12/new-i-9-forms-and-e-verify-requirements/) - The U.S. Citizenship and Immigration Services (USCIS) has issued a new version of Form I-9, "Employment Eligibility Verification."
- [Proposed Tax Cuts & Jobs Act](https://www.pughcpas.com/11/proposed-tax-cuts-jobs-act/) - The Republican-controlled House of Representatives unveiled their first draft of tax reform on November 2, 2017. You can read more about it here!
- [Post-Election Tax Update](https://www.pughcpas.com/11/post-election-tax-update/) - President-elect Trump also identified during the campaign a number of tax-related proposals that he intends to pursue during his first 100 days in office.
- [2015 Year-End Tax Planning Tips for Small Businesses](https://www.pughcpas.com/11/2015-year-end-tax-planning-tips-for-small-businesses/) - Virtually all small business owners are frustrated with our current tax system. In fact, 5 out of today's Top 10 small businesses show concerns.
- [More growth at Pugh CPAs!](https://www.pughcpas.com/10/more-growth-at-pugh-company/) - We are pleased to recognize the new employees that have joined Pugh CPAs during the last quarter. Four new staff accountants have joined the audit department.
- [Old Habits May Be Costing You Dearly](https://www.pughcpas.com/09/old-habits-may-be-costing-you-dearly/) - Family businesses can enjoy the benefits of shared vision and values, but can lose them by being blind to a business tradition no longer making sense
- [Intro to ACA](https://www.pughcpas.com/09/intro-to-aca/) - The Affordable Care Act (“ACA”) contains comprehensive health insurance reforms and includes tax provisions that affect individuals, families, and businesses.
- [Succession Planning Requires Smart Strategies](https://www.pughcpas.com/08/succession-planning-requires-smart-strategies/) - Succession planning is important in any business, but it’s sometimes overlooked in family-owned operations. This is a big mistake.
- [Annual Employee Benefit Update](https://www.pughcpas.com/08/annual-employee-benefits-update/) - Reserve your seat today for the September 8th Employee Benefits Update at Bridgewater Place. The event is free but reservations are required.
- [New IRS Guidance for Designated Roth Accounts](https://www.pughcpas.com/07/new-irs-guidance-for-designated-roth-accounts/) - Does your employer offer a 401(k), 403(b) or governmental 457 plan? If so, you may be able to set up a designated Roth account through your company’s plan.
- [FCC Approves AT&T-DirecTV Merger](https://www.pughcpas.com/07/fcc-approves-att-directv-merger/) - Our in-house business valuation expert, Michael Harvey found this article interesting: “AT&T and DirecTV are merging. The deal — worth $49 billion!
- [Family Business:  Why You Need a Buy-Sell Agreement](https://www.pughcpas.com/07/family-business-why-you-need-a-buy-sell-agreement/) - If you co-own a business with other family members, it's generally a good idea to have a well-drafted buy-sell agreement to protect everyone's interests
- [Work Opportunity Tax Credit](https://www.pughcpas.com/06/work-opportunity-tax-credit/) - Employers can qualify for a tax credit known as the work opportunity tax credit that is worth as much as $2,400 for each eligible employee
- [Two New PPP Loan Forgiveness Forms Released](https://www.pughcpas.com/06/two-new-ppp-loan-forgiveness-forms-released/) - Two new PPP Loan forgiveness forms in response to the Paycheck Protection Program Flexibility Act (“PPPFA”) by the Small Business Administration (“SBA”)
- [Pugh CPAs Team Up with KARM](https://www.pughcpas.com/06/pugh-cpas-team-up-with-karm/) - It was a great day all around AND, Pugh Pirates won their division! Who said a CPA firm couldn't paddle? According to KARM, the event raised $205,000!
- [June 9th Value Series](https://www.pughcpas.com/06/june-9th-value-series/) - Revised for ROI, a presentation about how wellness has evolved from rewarding the healthy to helping the "not so healthy" and rewarding everyone with savings.
- [Five-Minute Tax Briefing](https://www.pughcpas.com/06/five-minute-tax-briefing/) - Our tax department thought this was timely information and we wanted to share it with our clients. Click the link above to read more!
- [Tennessee's IMPROVE Act](https://www.pughcpas.com/04/tennessees-improve-act/) - The Tennessee General Assembly approved the IMPROVE Act on April 19th, 2017. An amendment to the House bill was approved on April 24th.
- [Hiring Summer Help?](https://www.pughcpas.com/04/hiring-summer-help/) - Unfortunately, the demand for summer jobs consistently outpaces the supply of open positions — and it’s been getting worse over time.
- [Tax Reform & Economic Forecasting Luncheon](https://www.pughcpas.com/04/tax-reform-economic-forecasting-luncheon/) - Anne Bushman (RSM) and Dr. Don Bruce (U.T) will provide an overview of what is expected in terms of tax reform and economic outlook for the near future.
- [Estate and Gift Tax Planning in the Time of COVID-19](https://www.pughcpas.com/04/estate-and-gift-tax-planning-in-the-time-of-covid-19/) - As we write this alert, the stock market’s major indices have lost quite a bit of their value over the last several weeks. While we don’t pretend to be...
- [FAQs Regarding Employee Retention Credit](https://www.pughcpas.com/04/faqs-regarding-employee-retention-credit/) - Here’s another tax alert from our friends at RSM regarding the recently released IRS FAQ document that sheds some light on the Employee Retention Credit.
- [Business Valuations Performed Just Prior to COVID-19](https://www.pughcpas.com/04/business-valuations-performed-just-prior-to-covid-19/) - Note Regarding Valuations of Businesses Performed Just Prior to the COVID-19 Pandemic. Contact Pugh CPAs today with any questions you have regarding this info!
- [The CARES Act Passes](https://www.pughcpas.com/03/the-cares-act-passes/) - On March 27, 2020, the House of Representatives passed H.R. 748, the Coronavirus Aid, Relief, and Economic Security (CARES) Act without amendments.
- [Survivors:  Family Businesses That Last](https://www.pughcpas.com/03/survivors-family-businesses-that-last/) - Family businesses are the backbone of our economy. 30% of family companies fail within 20 years, but a large number have endured for hundreds of years.
- [Emergency Loans-Small Business Guide and Checklist](https://www.pughcpas.com/03/emergency-loans-small-business-guide-and-checklist/) - EMERGENCY LOANS-SMALL BUSINESS GUIDE AND CHECKLIST. A resource from the U.S. Chamber of Commerce–links to helpful PDF. Give us a call if you have questions!
- [Client Update 3/23/20](https://www.pughcpas.com/03/client-update-3-23-20/) - We are currently navigating unprecedented times, and we want our clients to know we are here for you! Read more on the extended tax deadline & more
- [IRS Tax Tip:  5 Things to Know About the Child Tax Credit](https://www.pughcpas.com/02/irs-tax-tip-5-things-to-know-about-the-child-tax-credit/) - The Child Tax Credit is a tax credit that may save taxpayers up to $1,000 for each eligible qualifying child. Make sure they qualify before you claim it.
- [Changes in Partnership Audit Rules](https://www.pughcpas.com/02/changes-in-partnership-audit-rules/) - At the beginning of 2018, new partnership audit rules went into effect that make substantial changes to the way partnerships will be audited by the IRS
- [10 Facts You Should Know about the Do Not Call Registry](https://www.pughcpas.com/02/10-facts-you-should-know-about-the-do-not-call-registry/) - We hate receiving unsolicited telemarketing calls. Fortunately, the Federal Trade Commission (FTC) allows you to sign up for the Do Not Call (DNC) registry.
- [May 12th Value Series at Oak Ridge Chamber](https://www.pughcpas.com/01/value-series-oak-ridge-chamber/) - You know you need to market your business or organization, but where do you start? The opportunities can seem limitless -- and overwhelming. You need a plan.
- [Tax Figures for 2019](https://www.pughcpas.com/01/tax-figures-for-2019/) - Please note, some of the dollar amounts are unchanged and some have increased slightly due to inflation. Reach out to your Pugh CPAs advisor if with questions!
- [IRS Proposed Regulations May Affect Estate Valuation Discounts](https://www.pughcpas.com/08/irs-proposed-regulations-may-affect-estate-valuation-discounts/) - Last week, the IRS issued proposed regulations designed to curb valuation discounts for operating businesses and family limited partnerships holding securities.
- [Employment Tax and Employee Benefits: 5 Issues for Growing Companies](https://www.pughcpas.com/11/employment-tax-and-employee-benefits-5-issues-for-growing-companies/) - A growing business usually means a growing headcount. Accurately understanding and managing the tax challenges of a growing payroll is central to success.
- [IRS Raises Tangible Property Expensing Threshold to $2,500 from $500](https://www.pughcpas.com/11/irs-raises-tangible-property-expensing-threshold-to-2500-from-500/) - Taxpayers may make the yearly safe harbor election on property that does not exceed $2,500 per invoice or per item as substantiated by the invoice.
- [Vacation Home Rentals and Reporting Income under Tax Reform](https://www.pughcpas.com/10/vacation-home-rentals-and-reporting-income-under-tax-reform/) - We can help you strategize for the maximum benefit of your vacation rental. We love to strategize for our clients. Contact Pugh CPAs today!
- [IRS warns of fake Affordable Care Act-related tax bill emails](https://www.pughcpas.com/09/irs-warns-of-fake-affordable-care-act-related-tax-bill-emails/) - The IRS has issued an alert to taxpayers and tax professionals to be on guard against fake emails purporting to contain info related to the Affordable Care Act
- [IRS Issues Reminder to Taxpayers as Scams Continue Across the Nation](https://www.pughcpas.com/10/irs-issues-reminder-to-taxpayers-as-scams-continue-across-the-nation/) - The Internal Revenue Service today warned taxpayers to remain vigilant to scams as they continue to be reported around the country.
- [Federal Government Responds to COVID-19 and It's Impact On YOU](https://www.pughcpas.com/03/federal-government-responds-to-covid-19-and-how-it-impacts-you/) - Section 7508A gives the Secretary of the Treasury the authority to suspend interest, penalties, additional amounts, or additions to tax.
- [Still Confused as to Whether or Not that Meal is Deductible? IRS Issues Guidance](https://www.pughcpas.com/10/irs-issues-guidance-deducting-meals-bought-during-entertainment/) - Still confused as to what's deductible and what's not? This article helps shed some light on meals and entertainment expenses.
- [It's Time for Individuals to Plan for Taxes in 2016 and Beyond](https://www.pughcpas.com/11/its-time-for-individuals-to-plan-for-taxes-in-2016-and-beyond/) - It's now time to consider making some moves that will lower your 2016 tax bill and get you into a position for tax savings in future years.
- [Additional Guidance Issued on PPP Loans (as of May 14, 2020)](https://www.pughcpas.com/05/additional-guidance-issued-on-ppp-loans-as-of-may-14-2020/) - Less than one day before the May 14 extended deadline that the U.S. Treasury set for returning loan funds without penalty, it issued additional guidance.
- [Update on Paycheck Protection Program (PPP)  Loans – April 7, 2020](https://www.pughcpas.com/04/update-on-paycheck-protection-program-ppp-loans-april-7-2020/) - The Department of Treasury released an additional set of Q&A’s last night that clarified some of the issues related to the PPP loans
- [April 6, 2020 Update For Those Applying for Paycheck Protection Loans](https://www.pughcpas.com/04/april-6-2020-update-for-those-applying-for-paycheck-protection-loans/) - The new PPP loans provide small businesses with an opportunity to apply for a loan with the SBA to provide liquidity during this difficult time.
- [Tax Update for Businesses & Individuals Affected by Recent Wildfires](https://www.pughcpas.com/12/tax-update-for-business-individuals-affected-by-recent-wildfires/) - Pugh CPAs has received several questions related to the individual & business tax implications of the restorations and improvements to come in the near future.
- [IRS Issues New Regs on Deducting Meal and Entertainment Expenses](https://www.pughcpas.com/03/irs-issues-new-regs-on-deducting-meal-and-entertainment-expenses/) - The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related entertainment expenses paid or incurred after 2017.
- [Will J and the late Henrietta Pugh Honored by Helen Ross McNabb Center](https://www.pughcpas.com/03/will-j-and-the-late-henrietta-pugh-honored-by-helen-ross-mcnabb-center/) - Pugh CPAs, P.C. founder, Mr Will J. Pugh, and the late Henrietta Pugh have been chosen as the recipients of the 2012 Spirit Award from Helen Ross McNab Center
- [Extended Income Tax Payment and Filing Relief due to COVID-19](https://www.pughcpas.com/03/extended-income-tax-payment-relief-due-to-covid-19/) - On March 20, 2020, the IRS released Notice 2020-18, which supersedes Notice 2020-17 and provides relief to taxpayers affected by the pandemic
- [Congress Passed the Families First Coronavirus Response Act](https://www.pughcpas.com/03/congress-passed-the-families-first-coronavirus-response-act/) - President Trump signed the Families First Coronavirus Response Act (the Act) late on March 18, 2020, soon after the Senate passed the amended House bill
- [CARES Act Expands Access to Loans for Small and Midsize Businesses](https://www.pughcpas.com/03/cares-act-expands-access-to-loans-for-small-and-midsize-businesses/) - The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on Friday provides various options for small and midsize businesses
- [Tax Benefit of Separating Repairs from Improvements](https://www.pughcpas.com/05/tax-benefit-of-separating-repairs-from-improvements/) - The importance of keeping your repair expenses separate from your property improvements. This simple action could save you time and money.
- [A Gift from Uncle Sam:  Congress Passes the Extenders Package](https://www.pughcpas.com/12/a-gift-from-uncle-sam-congress-passes-the-extenders-package/) - This holiday season, taxpayers are receiving a “gift” from Washington, D.C. It’s the Protecting Americans from Tax Hikes Act of 2015 or, simply, the PATH Act.
- [Keep Tax Reform Proposals in Mind When Making Last-Minute Year-End Moves](https://www.pughcpas.com/12/keep-tax-reform-proposals-in-mind/) - As 2017 winds down, it's time to consider making some moves to lower your federal income tax bill and position yourself for tax savings in future years.
- [IRS and PPP Expense Ruling--the Saga Continues](https://www.pughcpas.com/11/irs-and-ppp-expense-ruling-the-saga-continues/) - On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act which was then signed into law by the President.
- [Important Tax Deadlines for Q1 2019](https://www.pughcpas.com/12/important-tax-deadlines-for-q1-2019/) - A quick glace at first quarter tax-related deadlines from Pugh CPAs
- [The Impact of the Wayfair Decision](https://www.pughcpas.com/11/the-impact-of-the-wayfair-decision/) - Reviewing the Impact: The recent Wayfair decision has drastically altered the landscape for states that want to collect sales and use taxes
- [Before Year-End, Get The Most Out of Your FSA](https://www.pughcpas.com/10/before-year-end-get-the-most-out-of-your-fsa/) - FSA contributions aren't taxed, so you don’t have to wait until you have enough money in the account for a planned medical expense, such as braces for kids.
- [Bonus Depreciation for Your Business:  Review Your Options](https://www.pughcpas.com/09/bonus-depreciation-for-your-business-review-your-options/) - 1st-year bonus depreciation has been around for a while now. However, the Tax Cuts and Jobs Act (TCJA) set forth more generous rules for 2018 through 2026.
- [To Discount Or Not To Discount (That Is The Question)?](https://www.pughcpas.com/07/to-discount-or-not-to-discount-that-is-the-question/) - To Discount or Not to Discount: That is the Question. Value is relative. Some assignments call for an appraisal of the entire entity on a controlling basis.
- [Valuation Issues to Address in a Buy-Sell Agreement](https://www.pughcpas.com/06/valuation-issues-to-address-in-a-buy-sell-agreement/) - Buy-sell agreements protect businesses with multiple owners in the event that an owner dies, becomes disabled or voluntarily decides to leave the company.
- [Gov. Lee Announces Tennessee Business Relief Program](https://www.pughcpas.com/06/gov-lee-announces-tennessee-business-relief-program/) - Good news to our small business partners across the great state of Tennessee: Updates on relief for small businesses from The Tennessee Business Relief Fund
- [How 2018 Tax Reform Will Affect Individuals](https://www.pughcpas.com/06/how-2018-tax-reform-will-affect-individuals/) - How Tax Cuts and Jobs Act 2018 (TCJA) will affect individuals now through 2025.
- [S Corps:   Time for a Year-End Tax Projection](https://www.pughcpas.com/12/s-corps-time-for-a-year-end-tax-projection/) - Year-end advice for S Corps.
- [The Long-Awaited PPP Loan Forgiveness Application](https://www.pughcpas.com/05/the-long-awaited-ppp-loan-forgiveness-application-specifics/) - Over the weekend the Small Business Administration (“SBA”) released its long-awaited Paycheck Protection Program Loan (“PPP”) Forgiveness Application
- [Does Your Business Need a Temporary CFO?](https://www.pughcpas.com/05/does-your-business-need-a-temporary-cfo/) - Making the decision to hire a full-time CFO can be tricky. Let Pugh CPAs help you navigate that decision by what works best for your needs and bottom-line. This quick helps define if you need a full-time CFO or an interim.
- [Capital Gains Rates Before and After the New Tax Law](https://www.pughcpas.com/04/capital-gains-rates-before-and-after-the-new-tax-law/) - Confused about capital gains and dividends under the Tax Cuts and Jobs Act (TCJA)? This brief article compares the rules before and after the recent tax reform and how they impact long-term capital gains and qualified dividends.
- [How the New Tax Law Affects Rental Real Estate Owners](https://www.pughcpas.com/03/how-the-new-tax-law-affects-rental-real-estate-owners/) - How the Tax Cuts and Jobs Act will affect those who own residential or commercial rental real estate.
- [New Law Gives Eligible Pass-Through Businesses a Special Tax Break](https://www.pughcpas.com/02/new-law-gives-eligible-pass-through-businesses-a-special-tax-break/) - Pugh CPAs breaks down TCJA (Tax Reform) and how it affects pass-through businesses. Some S Corporations, Limited Liability Companies (LLC) and sole proprietorships may be eligible for tax breaks. Read more to learn your QBI deduction.
- [How the New Limit on SALT Deductions Affects Homeowners](https://www.pughcpas.com/02/how-the-new-limit-on-salt-deductions-affects-homeowners/) - SALT Deductions, TCJA, Tax Reform and Jobs Act, Pugh CPAs, Knoxville Accounting firm, Knoxville accountants, Knoxville business advisors, tax planning, homeowners, property tax,
- [Section 199A--IRS Safe Harbor and Your Rental Property](https://www.pughcpas.com/01/tcja-changes-regarding-your-rental-property/) - What you need to know about Section 199A—IRS Safe Harbor and Your Rental Property. Click here for a more detailed discussion of the deduction.
- [Ideas to Strengthen Your Business in 2019 and Beyond](https://www.pughcpas.com/01/ideas-to-strengthen-your-business-in-2019-and-beyond/) - Here are ten resolutions you might consider making — and sticking to — to put you on track to prosper in 2019. We hope you have a Happy New Year's!
- [CARES Act delivers five-year NOL carryback to aid corporations](https://www.pughcpas.com/03/cares-act-delivers-five-year-nol-carryback-to-aid-corporations/) - As a member of the RSM US Alliance, we have access to subject matter experts from RSM US LLP. Contact Us if you have questions after reading these articles.
- [House Approves Additional Funding for Paycheck Protection Program](https://www.pughcpas.com/04/house-approves-additional-funding-for-paycheck-protection-program/) - The House passed legislation Thursday that will provide $370 billion in additional pandemic relief funding for small businesses as part of a larger aid package.
- [Can a Modest-Income Elderly Person Stop Filing Tax Returns?](https://www.pughcpas.com/03/can-a-modest-income-elderly-person-stop-filing-tax-returns/) - Can a Modest-Income Elderly Person Stop Filing Tax Returns? As the Old Saying Goes: Better Safe than Sorry. Here, we have a few general rules.
- [What Time Is It?  Time To File Your 1099-MISC Form](https://www.pughcpas.com/12/what-time-is-it-time-to-file-your-1099-misc-form/) - With the end of the year fast approaching, now is the time to get ready to file your Form 1099-MISC. File early and efficiently to avoid penalties.
- [How a Valuation's Purpose Affects Its Value](https://www.pughcpas.com/05/how-a-valuations-purpose-affects-its-value/) - Understanding how the value of your business is calculated. Different "standards of value" apply in different circumstances. Business planning, potential sale, buy-sell agreements, marital dissolutions, gift, estate and other tax purposes are just a few reasons to might want to determine the value of your business.
- [April 1 Is an Important Date for Older Taxpayers with IRAs and 401(k)s](https://www.pughcpas.com/03/april-1-is-an-important-date-for-older-taxpayers-with-iras-and-401ks/) - April 1 is an important date for older taxpayers with IRAs & 401(K)s. Did you turn age 70 1/2 in 2015? If so, an important date is coming up soon.
- [What Do Business Valuation Standards Mean to Business Owners](https://www.pughcpas.com/02/what-do-business-valuation-standards-mean-to-business-owners/) - Valuation services are one of the highest growth areas for CPA firms. Following professional standards reassures business owners of quality and consistency.
- [Paycheck Protection Flexibility Act Extends PPP Spending Deadline](https://www.pughcpas.com/06/paycheck-protection-flexibility-act-extends-ppp-spending-deadline/) - Current PPP borrowers can choose to extend the “covered period” from 8 to 24 weeks. New borrowers will have the full 24 weeks until December
- [People Who Received PPP Loans are NOT Qualified for Tax Deductions](https://www.pughcpas.com/05/new-development-in-the-ppp-loan-program-its-not-all-tax-deductible/) - Update from the IRS: People who received PPP Loans are NOT qualified for tax deductions. IRS will deny deductions for payments that create loan forgiveness...
- [One Option to Finance a Business Sale](https://www.pughcpas.com/07/one-option-to-finance-a-business-sale/) - A structured settlement is an agreement made to settle a monetary claim or lawsuit. It provides for a series of payments made over a period of time.
- [An Accountant, A Banker and An Attorney...](https://www.pughcpas.com/09/an-accountant-a-banker-and-an-attorney/) - It isn't the beginning of a bad joke, it's a recap of a mixer between three well-established professional services brands in the East Tennessee region.
- [Sean Brewer Named "40 Under 40" by Knoxville Business Journal](https://www.pughcpas.com/01/sean-brewer-named-40-under-40/) - Pugh CPAs is proud to announce that Sean Brewer, senior tax manager has been named to the Knoxville Business Journal's "40 Under 40" list for 2013
- [Tennessee Community CARES Program to Provide $150 Million in Relief Funds to Non-Profit Organizations](https://www.pughcpas.com/08/tennessee-community-cares-provides-relief/) - Tennessee Community CARES Program to Provide $150 Million in Relief Funds to Non-Profit Organizations. Tre Hargett, Tennessee Secretary of State
- [SBA Releases Additional PPP Rules for Loan Forgiveness (Released Friday, May 23)](https://www.pughcpas.com/05/sba-ppp-rules-loan-forgiveness/) - The Small Business Administration (SBA) released long-awaited Paycheck Protection Program (PPP) guidance Friday night adding rules for loan forgiveness.
- [PPP Forgiveness Guidance Addresses Owner-Employee Compensation, Rent-Related Costs](https://www.pughcpas.com/09/ppp-forgiveness-guidance-addresses/) - PPP Forgiveness Guidance Addresses Owner-Employee Compensation, Rent-Related Costs. Shared from the Journal of Accountancy.
- [New ACA Legal Battle Could Affect Individual and Employer Health Coverage](https://www.pughcpas.com/07/new-aca-legal-battle-could-affect-coverage/) - The current issue is is the constitutionality of key ACA provisions in the wake of the new Tax Cuts and Jobs Act (TCJA). Posted June 2018
- [Tennessee ~ Sales and Use Tax: Refunds Available on Certain Items for Sevier County Residents Affected by Wildfires](https://www.pughcpas.com/06/tax-refunds-residents-affected-by-wildfires/) - Tennessee ~ Sales and Use Tax: Refunds Available on Certain Items for Sevier County Residents Affected by Wildfires. Press Release, June 9, 2017
- [Midyear Tax Planning Moves Inspired by the PATH Act (for Individuals & Small Businesses)](https://www.pughcpas.com/06/midyear-tax-planning-individuals-small-businesses/) - Midyear Tax Planning Moves Inspired by the PATH Act (for Individuals & Small Businesses) Numerous tax breaks have been retroactively expanded since 2015
- [Applications for Paycheck Protection Program Loans Start Friday, April 3rd.](https://www.pughcpas.com/04/applications-for-ppp-loans-start/) - Applications for Paycheck Protection Program Loans Start Friday, April 3rd.
- [Is that entertainment expense deductible in 2018?  What about my charitable donation?](https://www.pughcpas.com/01/repeal-of-deduction-for-entertainment/) - To improve the accuracy and efficiency of your tax return preparation please review your accounting records to ensure that nondeductible expenses are identified
- [IRS Alerts Payroll and HR Professionals to Phishing Scheme Involving W-2s](https://www.pughcpas.com/03/phishing-scheme-involving-w-2s/) - The Internal Revenue Service today issued an alert to payroll and human resources professionals to beware of an emerging phishing email scheme
- [Net Worth Taxes Are All The Rage, But It May Still Be The Death Tax That Kills You](https://www.pughcpas.com/12/net-worth-taxes-are-all-the-rage/) - As the race for the presidency in 2020 is heating up, we are hearing many new ideas and new plans for the direction of the country.
- [Financial Institutions Insights--Oct/Sept Issue](https://www.pughcpas.com/10/financial-institutions-insights-octsept-issue/) - We’ve uploaded our most recent issue of Financial Institution Insights that’s chalked full of helpful information. Read more by clicking this link!
- [Financial Institutions Insights Newsletter June 2016](https://www.pughcpas.com/06/financial-institutions-insights-newsletter-is-here/) - Financial Institutions, banks, credit union newsletter with helpful accounting and audit information. Published by Pugh CPAs, located in Knoxville, TN.
- [The Insight--A Business Valuation Newsletter (Spring '18)](https://www.pughcpas.com/03/the-insight-a-business-valuation-newsletter-spring-18/) - Quarterly Business Valuation & Litigation Support Newsletter focusing on various business valuation and litigation support topics
- [The Insight--A Business Valuation Newsletter (Winter '17)](https://www.pughcpas.com/12/the-insight-a-business-valuation-newsletter-winter-17/) - Winter 2017 The Insight a Business Valuation & Litigation Support Newsletter from Pugh CPAs-the area's premier accounting and business advisory firm.
- [The Insight--Business Valuation Newsletter (Fall '17)](https://www.pughcpas.com/10/3235/) - Fall 2017 The Insight a Business Valuation & Litigation Support Newsletter. Business valuation topics like valuing intellectual property and goodwill
- [ACA EMPLOYER REPORTING DEADLINE UPDATES](https://www.pughcpas.com/12/aca-employer-reporting-deadline-updates/) - With the employer-related reporting deadline for individual employees fast approaching, the IRS issued Notice 2016-4 on Monday, December 28, 2015.
- [Accounting for PPP Loan Forgiveness](https://www.pughcpas.com/08/accounting-for-ppp-loan-forgiveness/) - When the business determines that it does qualify for complete PPP loan forgiveness, there are three options on how to account for it.
- [Financial Institutions Insights March/April](https://www.pughcpas.com/04/financial-institutions-insights-marchapril/) - The most recent issue of Financial Institutions Insights can be found on our Industry News page as well as past issues. April 2016.
- [Pugh CPAs Partners with the Oak Ridge Chamber on VALUE Series](https://www.pughcpas.com/03/pugh-cpas-partners-with-the-oak-ridge-chamber-on-value-series/) - Pugh CPAs is proud to partner with the Oak Ridge Chamber of Commerce on the monthly VALUE Series Small Business Workshops. Each month there will be a different topic of interest to Small Business owners that will range from financing a small business to marketing.
- [Latest Tax Digest](https://www.pughcpas.com/03/latest-tax-digest/) - Click HERE to view the March 2016 issue of Tax Digest. 865-769-0660/info@pughcpas.com–if you have any questions!
- [January Tax Digest](https://www.pughcpas.com/01/january-tax-digest/) - Click HERE to view this issue of Tax Digest. You can always find additional information on our Industry News page.
- [Financial Institutions Insights (Jan 2016)](https://www.pughcpas.com/01/financial-institutions-insights/) - Topics inside the most current issue include Key year-end accounting and tax issues for financial institutions—From CECL to information reporting, financial institutions face major changes.
- [July Issue of Tax Digest](https://www.pughcpas.com/07/july-issue-of-tax-digest/) - The July issue of Tax Digest has been posted to our industry news page. In this issue, you’ll find various articles.
- [IRS Update:  Tax Relief for Wildfire Victims](https://www.pughcpas.com/12/irs-update-tax-relief-for-wildfire-victims/) - The IRS has issued an update regarding tax relief for recent wildfire victims. Remember, your Pugh CPAs advisor is here and ready to help you and your families get through this epic disaster.
- [Gradual Repeal of Tennessee Hall Income Tax](https://www.pughcpas.com/05/gradual-repeal-of-tennessee-hall-income-tax/) - On May 20, 2016, Governor Haslam signed into law a gradual repeal of the Hall Income Tax. For the 2016 tax year, the tax rate drops to five percent (5%) from the previous rate of six percent (6%).
- [Final Rule:  Overtime](https://www.pughcpas.com/05/final-rule-overtime/) - Information on recent ruling for overtime pay.
- [The Current State of Minimum Wage Laws, Plus the Overtime Debate](https://www.pughcpas.com/05/the-current-state-of-minimum-wage-laws-plus-the-overtime-debate/) - Federal minimum wage laws, plus the overtime debate.
- [Could Your Business Benefit from the Work Opportunity Tax Credit?](https://www.pughcpas.com/03/could-your-business-benefit-from-the-work-opportunity-tax-credit/) - Could your business benefit from the work opportunity tax credit?
- [Pugh CPAs Unveils 45th Anniversary Logo for 2014](https://www.pughcpas.com/02/pugh-cpas-unveils-45th-anniversary-logo-for-2014/) - Pugh CPAs is proud to be celebrating 45 years of business in Knoxville. In 1969, Will J. Pugh started the firm that has now grown to over 90 employees, ten officers, and two locations - Knoxville and Oak Ridge.
- [10 Elections That Can Save Money on Your 2015 Federal Taxes](https://www.pughcpas.com/02/10-elections-that-can-save-money-on-your-2015-federal-taxes/) - 10 Elections you can make to help save money on federal taxes.
- [When to Update Your Estate Plan](https://www.pughcpas.com/05/when-to-update-your-estate-plan/) - Estate Planning and what you need to know since the most recent tax reform.
- [Financial Statement Adjustments in Valuation](https://www.pughcpas.com/11/financial-statement-adjustments-in-valuation/) - Business valuations consider more than historic performance. Investors are more interested in the economic benefits the business will generate in the future.
- [Evaluating a Business Valuation Report](https://www.pughcpas.com/11/evaluating-a-business-valuation-report/) - Do you need a professional business valuation report? Maybe. A professional valuator applies tested approaches that are based on real world market data.
- [Business Valuations Are Not Commodities](https://www.pughcpas.com/09/business-valuations-are-not-commodities/) - A business valuation can provide insight into a company's current market value, as well as key value drivers to enhance the value going forward.
- [Myths and Truths About Business Valuation](https://www.pughcpas.com/09/myths-and-truths-about-business-valuation/) - Quick read regarding some common business valuation myths and the underlying truths from Pugh CPAs in-house expert Michael Harvey.
- ["Aggregating" Businesses Can Boost Your QBI Deduction](https://www.pughcpas.com/09/aggregating-businesses-can-boost-your-qbi-deduction/) - IRS regulations provide aggregation rules that allow eligible individuals to "aggregate" their businesses to maximize the new qualified business income deduction.
- [Tax Law Expands Accounting Method Options for Small Businesses](https://www.pughcpas.com/08/tax-law-expands-accounting-method-options-for-small-businesses/) - Under Tax Cuts and Jobs Act (TCJA) more businesses can now use the simpler and more-flexible cash method of accounting for federal income tax purposes.
- [How Tax Reform Affects Tax Planning for C Corporations](https://www.pughcpas.com/08/how-tax-reform-affects-tax-planning-for-c-corporations/) - Specific tax planning considerations for C corporations under Tax Cuts and Jobs Act (TCJA).
- [New Law, New Limit on Deductions for Business Interest Expense](https://www.pughcpas.com/07/new-law-new-limit-on-deductions-for-business-interest-expense/) - How will your business be affected by recent tax reform limitations on deductions for business interest expense? This is a permanent change beginning 2018.
- [Save or Shred? Follow These Recordkeeping Guidelines](https://www.pughcpas.com/07/save-or-shred-follow-these-recordkeeping-guidelines/) - A few tips for individuals and business owners regarding recordkeeping from the trusted advisors at Pugh CPAs.
- [Quick Reference Guide for the 2018 Tax Cuts and Jobs Act](https://www.pughcpas.com/06/quick-reference-guide-for-the-2018-tax-cuts-and-jobs-act/) - These changes are effective for tax years beginning after December 31, 2017. For businesses, these changes are permanent, unless otherwise noted.
- [Supreme Court Sides with Employers on Arbitration Agreements](https://www.pughcpas.com/06/supreme-court-sides-with-employers-on-arbitration-agreements/) - The case of Epic Systems Corp. v. Lewis is examined. The basic question was whether the Federal Arbitration Act has greater authority over arbitration agreements between employers and employees than the National Labor Relations Act (NLRA).
- [Elmore Appointed to Second Three-Year Term on State Board by Governor](https://www.pughcpas.com/06/elmore-appointed-to-second-three-year-term-on-state-board-by-governor/) - Larry Elmore, VP at Pugh CPAs has been appointed by Governor Haslam to the State Board of Accountancy.
- [Blending Art and Science to Value a Business](https://www.pughcpas.com/06/blending-art-and-science-to-value-a-business/) - Is business valuation an art or science? It's a debate that continues with strong feelings on either side and very little consensus.
- [Tax Reform Update for Individuals & Businesses](https://www.pughcpas.com/02/tax-reform-update-for-individuals-businesses-2/) - Powerpoint presentation featuring the highlights of the 2018 Tax Cuts and Jobs Act (TCJA). There are two sections one addressing the affects of individuals and the other address businesses.
- [The W-2 Email Scam (from IRS)](https://www.pughcpas.com/01/the-w-2-email-scam-from-irs/) - A W-2 Email Scam alert has been issued. Business emails are compromised and fraudsters send email to payroll personnel requesting copies of W-2 forms. Pugh CPAs, Knoxville's premier accounting and business advisory firm, is sharing this alert on behalf of the IRS.
- [Tennessee Franchise & Excise Estimate Payments Requirement Update](https://www.pughcpas.com/07/tennessee-franchise-excise-estimate-payments-requirement-update/) - TN Franchise & Excise Estimate Payments Requirement Update
- [Pugh CPAs attends the TN Bankers Association IT Conference](https://www.pughcpas.com/04/pugh-cpas-to-attend-the-tn-bankers-association-it-conference/) - Pugh CPAs and Ric Spradlin will have a booth at the TN Bankers Association IT Conference
- [Pugh CPAs Business Valuation Team|Knoxville Bar Association Law Expo](https://www.pughcpas.com/04/pugh-cpas-business-valuation-teamknoxville-bar-association-law-expo/) - Michael Harvey of Pugh CPAs, Litigation Support and Business Valuation Team attends KBA Law Expo
- [East TN Chapter of RMA Hosts Panel](https://www.pughcpas.com/03/east-tn-chapter-of-rma-hosts-panel/) - Risk Management Association of East TN Hosts Event with Pugh CPAs
- [Business Valuation & Litigation Support Services](https://www.pughcpas.com/02/business-valuation-litigation-support-services/) - Michael Harvey's Business Valuation Services for Pugh CPAs

## Pages

- [Home](https://www.pughcpas.com/) - Our Accounting Services include Tax, Audit, & Advisory. Serving Knoxville, Oak Ridge, and Surrounding Areas. Regional Firm with Global Connections.
- [Andi Anderson, JD LLM](https://www.pughcpas.com/about/our-team/andi-anderson-jd-llm/)
- [Make A Payment](https://www.pughcpas.com/payment/) - Pay your bill online today using one of our two easy payment options! If you would like to pay by ACH, please call 865-769-0660. Contact us with questions.
- [Barrett Simonis](https://www.pughcpas.com/about/our-team/barrett-simonis/) - Officer & Audit Leader Barrett Simonis has experience in auditing, accounting, and consulting services related to a variety of industries.
- [Cyndi Rempert](https://www.pughcpas.com/about/our-team/cyndi-rempert/) - Meet Cyndi Rempert, One of Pugh CPAs Audit Managers. Cyndi Has Served Clients Through Auditing and Accounting Services Primarily in the Not-For-Profit Arena.
- [Financial Institutions](https://www.pughcpas.com/industries/financial-institutions/) - Our Knoxville-based accounting firm is the go-to Accounting Firm for Banks, Credit Unions, Trust Companies, and All Financial Instutions across our region.
- [Government Contractors](https://www.pughcpas.com/industries/government-contractors/) - Compliance is key, & expertise matters! Our team of accounting, audit, & tax professionals can help you minimize risk while maintaining compliance.
- [Wholesale Retail](https://www.pughcpas.com/industries/wholesale-retail/) - From all types of wholesalers, distributors, and retailers, our firm helps your business focus on growing the bottom line and staying ahead of the competition.
- [Tax](https://www.pughcpas.com/services/tax/) - Pugh CPAs business advisory team is the best at tax planning and tax compliance. Tax laws change frequently, so let us handle your tax issues!
- [Our Team](https://www.pughcpas.com/about/our-team/) - Pugh CPAs has a team of trusted business advisors and CPAs ready to assist business owners. Learn more about the firm, our founder, and team!
- [Christi Fightmaster](https://www.pughcpas.com/about/our-team/christi-fightmaster/) - Christi joined the firm in 2014 after 10 years of serving as Public Relations Director for MEDIC Regional Blood Center and is responsible for all branding.
- [Construction Industry](https://www.pughcpas.com/industries/construction-industry/) - Our Knoxville-based Accounting Firm is a long-time member of AGC-Tennessee and makes every effort to stay informed of the challenges facing this industry.
- [Assurance & Accounting](https://www.pughcpas.com/services/assurance-accounting-pugh-cpas/) - Our audit team stands ready to help clients meet their financial goals and succeed with our in-depth technical & industry-specific knowledge.
- [Eric McDowell](https://www.pughcpas.com/about/our-team/eric-mcdowell/) - Eric services clients by providing audit and accounting services related to a variety of industries, including financial institutions, local governments, not-for profit entities, and other industries.
- [Leadership Conference](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/) - This conference puts students directly in front of firm leadership in a relaxed and casual environment while providing a peek into the accounting industry.
- [Interns & New Grads](https://www.pughcpas.com/about/careers/interns-new-grads/) - Pugh CPA Engages Students Through Our Leadership Conference, Internships and Our Entry-Level Positions. Our Investment in YOU is an Investment in OUR Future.
- [Community Service](https://www.pughcpas.com/about/community-service/) - Pugh CPAs has a long history of supporting area non-profits as well as organizations that impact economic development such as Chambers of Commerce.
- [Resource Gallery](https://www.pughcpas.com/resource-gallery/) - Knoxville’s premier accounting firm, established in 1969. We offer a variety of services to assist business owners in reaching their goals.
- [Pugh Event](https://www.pughcpas.com/pugh-event/)
- [Experienced Professionals](https://www.pughcpas.com/experienced-professionals/) - Find Your Fresh Start at Pugh CPAs! We Create a Place Where You Grow in Your Profession By Working With the Best Team & the Best Clients. Apply Today!
- [Auto Dealers](https://www.pughcpas.com/industries/auto-dealers/) - Pugh CPAs can help you determine the best tax strategies for your buy-sell agreements, property improvements, and succession planning.
- [EBP](https://www.pughcpas.com/industries/ebp/) - Our goal is to provide the highest quality and most cost-efficient audit possible for your plan while offering compliance guidance.
- [Governments](https://www.pughcpas.com/industries/governments/) - We serve a wide range of government entities and we leverage that experience to best serve our clients. Contact us today to get started!
- [Nonprofit](https://www.pughcpas.com/industries/nonprofit/) - We have a long history of assisting nonprofits in our community and understand your financial viability directly impacts your ability to advance your mission.
- [IT Consulting](https://www.pughcpas.com/services/it-consulting/) - Are Your Information Security Policies and Procedures Enough? Use Pugh CPAs Resources to Ensure Your IT Systems are Appropriately Designed and Implemented.
- [Kristin Garrett](https://www.pughcpas.com/about/our-team/kristin-garrett/) - She transitioned to this role in 2007 after working in Audit & Assurance and the Tax Department at Pugh CPAs. Kristin oversees a variety of internal operations.
- [Alicia Young](https://www.pughcpas.com/about/our-team/a-young/)
- [Grant Wilds](https://www.pughcpas.com/about/our-team/grant-wilds/)
- [Lauren N. Thompson](https://www.pughcpas.com/about/our-team/lauren-n-thompson/)
- [Eric Reinhardt](https://www.pughcpas.com/about/our-team/eric-reinhardt/)
- [Devin Ralston](https://www.pughcpas.com/about/our-team/devin-ralston/) - Devin has been directly involved with the use of multiple operating systems and has served as the system administrator of multiple networks/domains.
- [Kristen P. Mikles](https://www.pughcpas.com/about/our-team/kristen-p-mikles/) - She specializes in providing tax services to businesses and individuals across several industries, and in multi-state and consolidated returns.
- [Liz MacDonald](https://www.pughcpas.com/about/our-team/liz-macdonald/)
- [Brient Kittrell, CPA](https://www.pughcpas.com/about/our-team/brient-kittrell-cpa/)
- [Jonathan Huddleston](https://www.pughcpas.com/about/our-team/jonathan-huddleston/) - Jonathan has served clients in auditing and accounting services related to a variety of industries, from local government to financial institutions, and more.
- [Michael Harvey](https://www.pughcpas.com/about/our-team/michael-harvey/) - Michael has 22+ of experience in accounting, finance, & consulting. He's also our practice leader for the business valuation & litigation support division.
- [Jake Houston](https://www.pughcpas.com/about/our-team/jake-houston/) - Jake Has Experience in Providing Federal and Multi-State Tax Services to Individuals and Businesses. He Has Worked With a Variety of Industries & Incomes.
- [Carol Faircloth](https://www.pughcpas.com/about/our-team/carol-faircloth/) - Carol specializes in providing tax services, is experienced in preparation and review of individual, corporate, partnership/LLC, trust, and gift tax returns.
- [Allison Eadie](https://www.pughcpas.com/about/our-team/a-eadie/)
- [Jonathan Duffey](https://www.pughcpas.com/about/our-team/jonathan-duffey/)
- [Grant Daugherty](https://www.pughcpas.com/about/our-team/grant-daugherty/) - Grant has served clients in auditing and accounting services related to a variety of industries and holds a Bachelor's & Masters's degree in Accounting from UTK
- [Daria Cooper](https://www.pughcpas.com/about/our-team/daria-cooper/)
- [Maggie Hogan Campbell](https://www.pughcpas.com/about/our-team/maggie-hogan-campbell/) - Maggie has experience in providing federal and multi-state tax services to individuals and businesses including real estate companies, manufacturers, and more
- [Kimberly Young](https://www.pughcpas.com/about/our-team/kimberly-young/) - Prior to joining Pugh CPAs in 2006, Kim worked in the tax department of the largest family-owned retail department store in the United States.
- [Kelly Tucker](https://www.pughcpas.com/about/our-team/kelly-tucker/) - Kelly specializes in providing tax services to individuals and businesses. She also has extensive experience with multi-state and consolidated tax returns.
- [Keith O'Connor](https://www.pughcpas.com/about/our-team/keith-oconnor/) - Keith has served clients in auditing and accounting services related to a variety of industries, including financial institutions, contractors, & more
- [Gary Mitchell](https://www.pughcpas.com/about/our-team/gary-mitchell/) - Gary’s areas of expertise include auditing & accounting services related to a variety of industries, including governmental entities, utility districts, & more
- [Daniel Messing](https://www.pughcpas.com/about/our-team/daniel-messing/) - Daniel specializes in providing tax services to individuals and businesses in many industries, & has experience with multi-state and consolidated tax returns.
- [Travis D. Lowe](https://www.pughcpas.com/about/our-team/travis-d-lowe/) - He has experience in auditing and accounting services related to a variety of industries, including financial institutions, governmental entities, and more
- [Ted Hotz](https://www.pughcpas.com/about/our-team/ted-hotz/) - He has been in public practice in North Carolina and Tennessee since 1986. Ted is the partner-in-charge of the Government Contracting Niche for the firm.
- [R.E. Foust](https://www.pughcpas.com/about/our-team/r-e-foust/) - R.E. specializes in providing consulting, tax planning, and tax preparation services for emerging businesses.
- [Jacob Pratt](https://www.pughcpas.com/about/our-team/jacob-pratt/) - Jacob has experience in providing tax services to individuals and businesses, and with multi-state and consolidated tax returns across an array of industries.
- [Founder](https://www.pughcpas.com/about/founder/) - Mr. Will Pugh started Pugh CPAs in 1969. He's drafted changes to the Tennessee Accountancy Law that improved ethical standards in the accounting profession.
- [Susan Foard](https://www.pughcpas.com/about/our-team/susan-foard/) - Susan has been in public accounting since 1986 and is often called upon for presentations on the topics of leadership, strategic business relationships, & more
- [Brandon Barry](https://www.pughcpas.com/about/our-team/brandon-barry/) - He has experience in providing federal and multi-state tax services to individuals and businesses, as well as experience with payroll.
- [Larry Elmore Memorial Scholarship](https://www.pughcpas.com/larry-elmore-memorial-scholarship/)
- [2025 Photo Gallery](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/2025-photo-gallery/)
- [About](https://www.pughcpas.com/about/) - One of Knoxville’s most established CPA firms. Pugh CPAs has been advising businesses since in and around East Tennessee since 1969.
- [Careers](https://www.pughcpas.com/about/careers/) - Pugh CPAs is hiring! Since 1969 we've been making a difference for our clients and community. We are always looking for talented people to join our team!
- [Contact](https://www.pughcpas.com/contact/) - Knoxville’s premier accounting firm established in 1969. Tax, audit and advisory services are all offered at Pugh CPAs.
- [Small Business Services](https://www.pughcpas.com/services/small-business-services/) - We focus on running the business so you don't have to. Payroll, financials, payables, and accounts receivables can all be outsourced to us.
- [Great Expectations](https://www.pughcpas.com/about/careers/interns-new-grads/great-expectations/) - We are very transparent with what we expect of our students regardless of where you are in your journey with us. It’s exciting for us both as we watch you grow!
- [K-1 Instructions](https://www.pughcpas.com/k-1/) - View the latest K-1 Instructions & Information. Additional information can be located on the IRS Website. Pugh CPAs has served East TN for 50+ Years.
- [Pugh Alumni](https://www.pughcpas.com/pugh-alumni/)
- [Apply Today](https://www.pughcpas.com/apply-today/) - Pugh CPAs in Knoxville, TN is Hiring Talented CPAs to Join Our Team! See a Full List of Open Positions on Our Site. Apply With Our Easy, Online Application.
- [Registered](https://www.pughcpas.com/registered/)
- [2023 Photo Gallery](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/2023-photo-gallery/)
- [2024 Photo Gallery](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/2024-photo-gallery/)
- [Open Positions](https://www.pughcpas.com/about/careers/open-positions/) - Pugh CPAs Open Positions. Start or Continue Your CPA Career with Pugh CPAs in Knoxville, TN. Management and Accounting Positions Available. Check Us Out Today!
- [Business Valuation](https://www.pughcpas.com/services/business-valuation/) - We perform business valuations for a variety of purposes, including exit planning, small business financing, litigation support, financial reporting, and more.
- [Internships](https://www.pughcpas.com/about/careers/interns-new-grads/internships/) - This is the beginning! It’s where you applying what you’ve learned in the classroom and put it to practical use, learning hands-on working in public accounting
- [Entry Level Positions](https://www.pughcpas.com/about/careers/interns-new-grads/entry-level-positions/) - You’ve graduated, now what? You’ll want to choose an accounting firm that can best help you establish a successful future. We can do that! Apply Today!
- [Estates Trusts & Gifts](https://www.pughcpas.com/services/estates-trusts-gifts/) - Planning is key when it comes to Estate Planning, Trusts, & Gifts, as Proper estate planning can ensure financial security for generations to come. Let us help!
- [2022 Photo Gallery](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/2022-photo-gallery/) - Pugh CPAs in Knoxville, TN Shares the 2022 Student Leadership Conference 2022 Photos. Check Out Our Programs for Interns, New-Grads, and Career Opportunities!
- [2021 Photo Gallery](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/2021-photo-gallery/) - Our 2021 Impact Student Leadership Conference was held safely in person. Attendees split time between our office and the exciting Navitat office!
- [2020 Photo Gallery](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/2020-photo-gallery/) - After a lot of meetings and discussions, we decided to make lemonade out of lemons and hosted students in our beautifully renovated offices.
- [2019 Photo Gallery](https://www.pughcpas.com/about/careers/interns-new-grads/leadership-conference/2019-photo-gallery/) - Our Leadership Conference is a fun two-day experience at the Margaritaville Resort and Spa in Gatlinburg. Great food, client conversations, & interactions
- [Thank You](https://www.pughcpas.com/thank-you/) - Thank You for Contacting Pugh CPAs! Someone Will be in Touch Shortly. If You Need Any Further Information or Assistance, Please Visit Our Website or Call Us!
- [Services](https://www.pughcpas.com/services/) - Knoxville’s premier accounting firm, established in 1969. We offer a variety of services to assist business owners in reaching their goals.
- [Business Valuation News](https://www.pughcpas.com/business-valuation-news/) - Before you buy or sell a business, you will want to consult with our business valuations team to ensure you know the proper value.
- [Real Estate](https://www.pughcpas.com/industries/real-estate/) - Whether you're an owner, developer, operator, or investor in the industry, we'll help you navigate an ever-changing economy to meet your business objectives.
- [Larry Elmore](https://www.pughcpas.com/about/our-team/larry-elmore/) - Larry has been in public accounting since 1976 and has over 40 years of experience at Pugh. He served as President of the Firm from 2006-2011.
- [Haley Bigney](https://www.pughcpas.com/about/our-team/haley-bigney/) - Haley began her career in the auditing department and transitioned to the talent engagement position in 2019. Her role includes recruiting, engagement, and more
- [Leadership Conference](https://www.pughcpas.com/senior-leadership-conference/) - Apply for our Summer Leadership Conference in Gatlinburg, TN. Our Mission: Making A Difference For Our Community & Clients. Check Back for Updates!
- [Industries](https://www.pughcpas.com/industries/) - Pugh CPAs has the knowledge, skills, and abilities to help clients across a variety of industries. Our success depends on our client's success!
- [Consulting](https://www.pughcpas.com/services/consulting/) - Pugh CPAs, East Tennessee most trusted business advisory and CPA firm can help clients reach their business goals. Entity selection, strategic planning, & more
- [News](https://www.pughcpas.com/news/) - Get the most recent news from the most established accounting firm in East Tennessee. Industry News, Business Valuation, Litigation Support, Tax, and more.

## Categories

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