TBA Law Blog


Posted by: Azya Thornton on Oct 9, 2024

Gov. Bill Lee has announced tax relief measures for residents and businesses in eight counties impacted by Hurricane Helene. Residents in Carter, Cocke, Greene, Hamblen, Hawkins, Johnson, Unicoi and Washington counties can receive a sales tax refund of up to $2,500 on essential purchases for repairs, while all taxpayers in those areas will have extended deadlines to file and pay certain taxes until May 1, 2025. Additionally, the department will extend the franchise tax Schedule G refund filing deadline for businesses located in the counties to May 1. The department also will approve, on a case-by-case basis, tax extension requests from affected taxpayers for other taxes. Get details in a press release.