Coronavirus Highlights
Tax Season Extended
- Tax Season Extended to 07/15/20
- Extension is automatic
- No action required
Stimulus Checks
- Stimulus checks 1200/2400/500
- Single/Married Filing Joint/Child under 17
- Should be direct deposited
Business Relief
- SBA Loans
- Payroll Protection Program (PPP) Loan
- Economic Injury Disaster Loan (EIDL)
NOTE REGARDING TAX PREPARATION: As a result of tax changes, recent legislation, and the volume of calls and emails pertaining to Coronavirus legislation, tax preparation times have been delayed. Despite the new 07/15 deadline, we are working to prepare your returns as soon as possible. If you have provided tax information already, you can expect a response by April 17th…
We appreciate your patience as we are trying help businesses survive and retain employees during this challenging time…
Coronavirus Resources
Economic Injury Disaster Loan (EIDL)
The U.S. SBA has recognized Tennessee as a declared state for Coronavirus (COVID-19) disaster assistance. If your business has been impacted, you can now apply at no cost for a disaster assistance loan.For eligible small businesses, churches and...
Overview of Individual and Business Implications of Coronavirus Legislation
We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help...
Overview of Relief Available to Small Businesses During the COVID-19 Pandemic
We have put together a quick summary of resources available to small businesses amid the coronavirus (COVID-19) pandemic and hope that you will find it useful. This memo will guide you through the primary relief options available to small businesses...
Coronavirus – Student Loan Relief
On March 20, 2020, the Department of Education announced terms for student loan relief for tens of millions of borrowers in response to COVID-19.1 Here are answers to some questions about the new rules. For more information and to follow subsequent...
