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On Aug. 28, the IRS announced it would temporarily allow the use of digital signatures on certain forms that cannot be filed electronically to help reduce in-person contact during the COVID-19 pandemic, and the agency has recently updated the list of forms accepted digitally.
View MoreThe AICPA and its business and technology arm, CPA.com, have begun an early-phase rollout of .cpa, a restricted internet domain that allows CPAs to connect with clients and the general public with greater trust, security, and verification.
View MoreTSCPA has joined more than 120 employers and organizations across the nation in signing a letter to Congressional leaders urging them to support state tax filing and withholding relief for remote workers during the pandemic.
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 a statement that it is aware that a small population of employers that reduced their tax deposits in anticipation of claiming the sick and family leave credits or employee retention credit may have received a notice stating there was a failure to deposit penalty applicable to the Form 941 on which the credits were claimed.
View MoreThe IRS has issued an update regarding its backlog in processing mail and payments due to COVID-19.
View MoreThe Tennessee General Assembly returned Aug. 10-12 for a Special Session called by Governor Bill Lee to address three issues: COVID-19 liability protection, telehealth services, and laws governing the Capitol grounds.
View MoreThe U.S. Small Business Administration, in consultation with the Treasury Department, recently released a new FAQs document addressing Paycheck Protection Program loan forgiveness.
View MoreCongress will soon be returning from their July recess and then they’ll have a short period before their August recess. They will be taking a hard look at the next round of legislation to help with the impact of 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.
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