PPP Application Window Extended to Aug. 8
The application window for the Paycheck Protection Program has been officially extended to Aug. 8 as the extension has been signed into law by President Trump.
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IRS to Pay Interest on Delayed Tax Refunds
The IRS has announced that it will pay interest on delayed tax refunds due to this year’s tax deadline extension.
View MoreTennessee General Assembly Approves Two Sales Tax Holiday Weekends for 2020
The Tennessee General Assembly has announced it has approved two separate sales tax holiday weekends for the year 2020 only.
View MoreTreasury, IRS Announce July 15 Tax Deadline to Remain with Automatic Filing Extension Available
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 MoreIRS Extends July 15 Deadlines and Provides Other Relief for Victims of Tennessee Storms
The 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 MoreSBA Offers Tool to Match Small Businesses with PPP Lenders
The 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 MoreIRS Provides Relief to Help Retirement Plan Participants Affected by COVID-19
The 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 MoreNew TSCPA Member Benefit: Speakers Bureau
TSCPA’s newest member benefit, the Speakers Bureau, is now available as part of the TSCPA Talks online community.
View MoreCongress Passes Paycheck Protection Program Flexibility Act
The U.S. Senate has passed the House’s version of the Paycheck Protection Program (PPP) Flexibility Act in support of small businesses who received PPP financial relief and now need more flexibility in its use.
View MoreTennessee to Offer Relief to Small Businesses Impacted by COVID-19 Pandemic
Governor Bill Lee recently announced federal Coronavirus Relief Funds will be available to assist Tennessee small businesses impacted by the COVID-19 pandemic.
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