202007.15
0

Tennessee Business Relief Program

On 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. Governor Lee has directed the Tennessee Department of Revenue to issue business relief payments through the Tennessee Business Relief Program to small businesses for costs incurred as a result of mandatory business closures.

The department will determine a business’ eligibility for the Tennessee Business Relief Program based on information available in its tax system. Eligibility notifications will be sent to businesses beginning the last week of June. Once notified, businesses will be prompted to complete an online pre-award certification form in order to verify their eligibility criteria and agree to the program’s payment guidelines. Businesses owners who do not have online access will be asked to complete a paper certification form.

Once the certification form has been completed and a business’ eligibility is confirmed, the department will issue a business relief payment. Payments for eligible businesses will be issued beginning the first week of July. For additional information on the Tennessee Business Relief Program, please see the frequently asked questions below.

For Additional Information visit TN Department of Revenue

About Davis Davis & Harmon LLC – Sales Tax Experts: Headquartered in Dallas, Texas, Davis Davis & Harmon LLC – Sales Tax Experts specializes in sales/use tax refund recovery and audit defense. Our team of consultants is comprised of former Big 4 sales tax consultants and state sales tax auditors. Each of our consultants has 15 to 20 years of experience, providing our clients with access to a highly specialized team of sales/use tax professionals. At Davis Davis & Harmon, LLC we are committed to maintaining the highest standards in our talent pool. We work hard to meet our clients’ needs by ensuring that you view our firm as an extension of your company and a member of your team.

For sales/use tax compliance questions or audit-related concerns, we are here to help!


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.