The Trust Company of Tennessee, which helps individuals, families, business owners and nonprofits reach their financial goals, now has more than $4 billion in assets under management. Founded in 1987 by Sharon J. Pryse, The Trust Company of … [Read more...]
CARES Act student loan repayment provisions extended
New legislation permits tax-free employer contributions towards student loans for five years. Highlights Employers are permitted to make tax-free contributions of up to $5,250 per employee annually toward eligible education expenses, including … [Read more...]
The Trust Company of Tennessee promotes Cardwell to client services associate
The Trust Company of Tennessee has promoted Cassandra “Cassie” Cardwell to client services associate. Founded in 1987 and with offices in Chattanooga, Knoxville and the Tri-Cities, The Trust Company of Tennessee currently has more than $4 billion … [Read more...]
Tax Reporting Mailing Dates
You should expect your tax forms from The Trust Company of Tennessee to be postmarked on, or before, the following dates. If you have any questions, please contact your Relationship Manager. Tax Form Postmarked Date Form 1099-R: … [Read more...]
Potential tax changes under Biden administration
During his presidential campaign, Joe Biden outlined his tax policy proposals1, which included rolling back key provisions from the Tax Cuts and Jobs Act (TCJA). An analysis by the Tax Foundation estimated the Biden plan would raise tax revenue by … [Read more...]
The Trust Company of Tennessee News | Q4 2020
The Trust Company of Tennessee adds Jorge as compliance specialist
The Trust Company of Tennessee has hired Teresa Jorge as a Retirement Plan Services (RPS) compliance specialist. Based in Knoxville, The Trust Company of Tennessee is a state-chartered bank with more than $3.5 billion under management. The company … [Read more...]
Beware of ‘smishing’
Mobile carriers like Verizon, AT&T and T-Mobile have reported an increased amount of unwanted text messages being delivered to their customers' devices. The FCC has also posted messages about how to avoid clicking on dangerous or malicious links … [Read more...]
The Trust Company of Tennessee adds Davis as accountant
The Trust Company of Tennessee has hired Henry Davis as an accountant in the firm’s Knoxville office. Based in Knoxville, The Trust Company of Tennessee is a state-chartered bank with more than $3.5 billion under management. The company helps … [Read more...]
Year-end financial steps to take now
As we suddenly find ourselves in the final quarter of 2020, now is a great time to review our finances before we are swept away with the activities that come with the holiday season – even if those activities will likely look very different this … [Read more...]
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