Tennessee – TN Releases New Digital Tool to Help Business Owners Check Relief Payment Eligibility

Nashville, Tenn. – Tennessee Governor Bill Lee and the Department of Revenue announced today a new digital eligibility tool for small business owners to determine if their business may be eligible for a Tennessee Business Relief Program payment.  “The COVID-19 pandemic has placed Continue reading Tennessee – TN Releases New Digital Tool to Help Business Owners Check Relief Payment Eligibility

Tennessee – Gov. Lee Announces $200 Million Business Relief Program

$200 Million Available for Small Businesses Affected by COVID-19 NASHVILLE, Tenn. – Tennessee Governor Bill Lee, Lt. Gov. Randy McNally, House Speaker Cameron Sexton, and the Financial Stimulus Accountability Group announced a new relief program for Tennessee businesses affected by the COVID-19 Continue reading Tennessee – Gov. Lee Announces $200 Million Business Relief Program

Tennessee – House calls for $100 M sales tax holiday, delays ending tax on interest

Finance leaders in Tennessee’s House of Representatives unveiled their version of a state budget Monday night, making significant cuts and taking out bonds while proposing a $100 million sales tax holiday. A series of temporary sales tax breaks, which would Continue reading Tennessee – House calls for $100 M sales tax holiday, delays ending tax on interest

Multi-State- Sales Tax Laws Roundup: April-May 2020

At the start of April, individuals and organizations were just coming to terms with stay-at-home orders and closures of nonessential businesses. As states start to relax those provisions, businesses are beginning to prepare for what comes next. Because Florida doesn’t Continue reading Multi-State- Sales Tax Laws Roundup: April-May 2020

Tennessee – Lawmakers Want to Lift Sales Tax on Food, Raise Taxes on Tobacco Products

NASHVILLE – Two Tennessee lawmakers want the 4% sales tax on food lifted and instead raise taxes on tobacco products to “improve the overall health, and ultimately save money for all Tennesseans.” Rep. Bo Mitchell (D-Nashville) and Sen. Sara Kyle Continue reading Tennessee – Lawmakers Want to Lift Sales Tax on Food, Raise Taxes on Tobacco Products

Tennessee- Sales Tax Data Shows Mixed Results from COVID-19

The most recent sales tax data from the Upper Cumberland start to show the impact COVID-19 has had on Putnam County, but only the City of Cookeville has seen a drop from the previous year. Data from the Department of Continue reading Tennessee- Sales Tax Data Shows Mixed Results from COVID-19

Tennessee: Governor Signs Marketplace Facilitators Sales Tax Law, Effective October 1, 2020

A new Marketplace Facilitators Sales Tax bill was signed by Governor Bill Lee on April 1, 2020, and will go into effect on October 1, 2020. The new bill, Public Chapter 646, requires marketplace facilitators that make or facilitate more Continue reading Tennessee: Governor Signs Marketplace Facilitators Sales Tax Law, Effective October 1, 2020

Tennessee- DOR Ruling #20-02 Dated 2/20/2020 Construction Sales and Use Tax And Required Certificate To Support Allowed Exemption

The Tennessee Department of Revenue concluded that an exemption does exist when working on a construction contract. As noted in the ruling exemptions must be properly supported by an Exemption Certificate. Additionally, Rule 102 also contemplates contractors and subcontractors will Continue reading Tennessee- DOR Ruling #20-02 Dated 2/20/2020 Construction Sales and Use Tax And Required Certificate To Support Allowed Exemption

Tennessee – Wilson County Sales Tax Increase Approved To Fund Teacher Raises

Wilson County voters approved a sales tax increase tied to public schoolteacher raises that was on the ballot Tuesday. The vote was just over 58% for the increase to just under 42% against. The total count was 12,560 for the increase Continue reading Tennessee – Wilson County Sales Tax Increase Approved To Fund Teacher Raises

MULTI STATE – 10 States With the Highest Sales Taxes

Before you embark on a shopping spree in any of the 10 worst states for sales taxes, make extra room in your budget. Tennessee, for example, is in a tie for the highest sales tax in the country, at 9.47%, once Continue reading MULTI STATE – 10 States With the Highest Sales Taxes