by Matt Davis | Mar 31, 2020 | Blog
Dear Valued Clients and Friends of Burkhart & Company, The COVID-19 crisis has given rise to unprecedented economic relief legislation. It is important that every business owner and individual, whether employed or not, come to understand what provisions apply to...
by Matt Davis | Mar 31, 2020 | Blog
A major component of the CARES Act is the Paycheck Protection Program. It is aimed at keeping workers employed during this pandemic and economic decline. The initiative provides for 100% federally guaranteed loans to small businesses. If borrowers maintain their...
by Matt Davis | Mar 26, 2020 | Blog
The Tennessee Department of Revenue has extended the due date for filing and paying the Hall income tax from April 15, 2020 to July 15, 2020. Taxpayers will have until July 15, 2020, to file returns and make any payments originally due on April 15, 2020. Interest and...
by Matt Davis | Mar 24, 2020 | Blog
The Tennessee Department of Revenue has extended the due date for filing and paying franchise and excise tax from April 15, 2020 to July 15, 2020. Taxpayers will have until July 15, 2020, to file returns and make any payments (including quarterly estimated payments)...
by Matt Davis | Mar 24, 2020 | Blog
Small and mid-size businesses will be able to recover some of their coronavirus-related costs under new guidelines from the IRS and the Treasury and Labor departments. IRS and Treasury announced in a news release Friday that those businesses would be able to take...
by Matt Davis | Mar 22, 2020 | Blog
The IRS and Treasury pushed the tax filing deadline to July 15, aligning the due date with the extended deadline for payments. The guidance released Friday will give filers and advisers coping with the Covid-19 pandemic more time to prepare tax returns. It also...
