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On Dec. 21, 2020, Congress passed a $900 billion COVID-19 relief bill, the Consolidated Appropriations Act, 2021. Key features are $600 stimulus payments to individuals, $300 in added extended weekly unemployment benefits and $325 billion in small business aid.
View MoreDue to the ongoing pandemic the IRS experienced a delay in mailing some notices that were to be issued between Nov. 9 and Nov. 23.
View MoreThe Tennessee Department of Revenue recently issued Notice #20-21 regarding the taxability of hemp and nicotine products.
View MoreThe IRS recently announced that the deadline to register for an Economic Impact Payment has been extended to Nov. 21, 2020.
View MoreGovernor Bill Lee announced a five-day extension for eligible small businesses to certify for the Tennessee Business Relief Program.
View MoreThe IRS Wage & Investment Division recently announced that starting in January 2021, the IRS will expand its IP PIN voluntary opt-in program nationwide.
View MoreGovernor Bill Lee and the Tennessee Department of Revenue recently announced a new digital eligibility tool for small business owners to determine if their business may be eligible for a Tennessee Business Relief Program payment.
View MoreThe IRS has issued an update regarding its backlog in processing mail and payments due to COVID-19.
View MoreOn June 2, 2020, Governor Bill Lee announced the use of federal Coronavirus Relief Funds to assist Tennessee small businesses impacted by the COVID-19 crisis.
View MoreThe IRS has announced that it will pay interest on delayed tax refunds due to this year’s tax deadline extension.
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