HHM Certified Public Accountants

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.

06/23/2026

If you’re attending the _niada Convention & Expo in Denver, stop by Booth 120 and say hello!

Members of our Dealership Services Group are connecting with independent auto dealers from across the country, catching up with clients, and staying on top of the latest industry developments.

We’d love to talk with you about tax strategies, operational insights, and specialty services designed to help dealerships grow and succeed.

See you in Denver!

06/18/2026

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
• No bait-and-switch advertising practices
• Advertised vehicles should still be available for sale
• Optional products and services should be clearly identified as optional

A good reminder that pricing transparency and advertising compliance remain top priorities for regulators.

Read the full article here:

The Federal Trade Commission (FTC) has placed automotive retailers on notice. In March 2026, the agency issued warning letters to 97 dealership groups across the United States, emphasizing that advertised vehicle prices must accurately reflect the amount consumers are expected to pay. The action rep...

06/17/2026

1099 Alert: Jessica Hetzler breaks down the upcoming changes to IRS 1099 e-filing requirements taking effect in January 2027, including what businesses should be doing now to prepare, avoid filing disruptions, and stay compliant. The transition may seem far away, but advance planning will be key.

A few years ago, companies had to scramble to adjust to the change the IRS made requiring electronic filing for any taxpayer issuing more than 10 information returns. Companies that didn't already have a Transmitter Control Code (TCC) had to rush to apply for one in time to use it and learn how to u...

06/17/2026

Our Memphis team recently welcomed 16 students for this year’s HHM Experience—a two-day opportunity to explore the accounting profession and get a firsthand look at life at HHM.

Students spent time connecting with our team through panel discussions, office tours, client visits, and conversations with firm leadership. The group also enjoyed Topgolf and gave back to the community through a service project at Madonna Learning Center.

A big thank you to the students who joined us and to all of our team members who helped make the experience such a success. We’re already looking forward to our next recruiting event, Something Social, this September!

06/16/2026

A successful audit starts long before your auditors arrive. In his latest article, Ryne Shumaker shares a nonprofit audit readiness checklist to help organizations get ahead of the 2026 audit season, strengthen compliance, improve efficiency, and reduce stress along the way.

He highlights:

• Key documents to gather before your audit begins

• Internal controls and processes to review

• Common areas that can cause delays or findings

• Steps to improve efficiency and reduce audit stress

• Ways to strengthen compliance and financial reporting

Preparing now can help your organization navigate the 2026 audit season with confidence.

Each audit season, some organizations treat the auditor’s arrival as an opportunity to gather records. By that time, it is already late. Fieldwork drags, requests stack up, statements slip and the finance team ends up under pressure that could have been avoided. If your year ends June 30, 2026, th...

06/12/2026

We were proud to support the Enchanted Garden Gala benefiting Page Robbins Adult Day Center Adult Day Center.

Page Robbins provides unique and uplifting daytime care for adults with memory loss and frail older adults, creating experiences through engaging activities in a safe and welcoming environment.

Thank you to Mark Lauber, who serves on the board, and James Huang, CPA for representing HHM at this special event. We’re grateful for the opportunity to support organizations that make such a positive impact in the Memphis community.

06/10/2026

Please join us in congratulating Bailey Howard on graduating from Protégé Chattanooga 2025-2026. Congratulations to the entire Class of 2026! We can't wait to see how you continue to grow, lead, and make an impact across our community.

06/10/2026

Florida property taxes could see a major change.

The Florida Legislature has approved a proposal that would significantly expand the state's homestead exemption if approved by voters in 2026.

Chris Walker breaks down what the proposal means for homeowners, businesses, and local governments.

Read more: https://www.hhmcpas.com/post/florida-legislature-approves-property-tax-cut-proposal

On June 2, 2026, during a special session, the Florida Legislature passed an overhaul of the state’s property tax system. HJR 1F – the “Save our Homes from Excessive Property Taxes” amendment – passed the House 75-26 and the Senate 30-9. The changes to the state’s property tax system req...