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The Treasury Department and IRS recently announced the tax filing and payment deadline of July 15 will not be postponed, but individual taxpayers unable to meet the due date can request an automatic extension of time to file until Oct. 15.
View MoreThe IRS has announced taxpayers affected by the April tornadoes and severe storms in Tennessee will have until Oct. 15, 2020, to file various individual and business tax returns and make payments.
View MoreThe U.S. Small Business Administration recently announced the relaunch of Lender Match, an online tool that will be focused on connecting pandemic-affected small businesses who have not yet applied for or received an approved PPP loan with SBA lenders.
View MoreThe IRS recently released Notice 2020-50 to help retirement plan participants affected by COVID-19 take advantage of CARES Act provisions providing enhanced access to plan distributions and plan loans.
View MoreGovernor Bill Lee recently announced federal Coronavirus Relief Funds will be available to assist Tennessee small businesses impacted by the COVID-19 pandemic.
View MoreThe IRS recently released guidance to allow temporary changes to section 125 cafeteria plans to extend the claims period for health flexible spending arrangements (FSAs) and dependent care assistance programs as well as allow taxpayers to make mid-year changes.
View MoreThe IRS has added information on what to do with Economic Impact Payments made to deceased taxpayers to the FAQs in the Economic Impact Payment Section on IRS.gov.
View MoreThe IRS has issued a special alert for several groups of federal benefit recipients to act by May 5 if they did not file a tax return in 2018 or 2019 and have dependents in order to quickly receive the full amount of their Economic Impact Payment.
View MoreThe IRS has published FAQs on the most common questions regarding the CARES Act Economic Impact Payments.
View MoreWorking with the Treasury Department, the IRS has launched the new Get My Payment online tool to let taxpayers check on their Economic Impact Payment date and update direct deposit information.
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