Tax Relief Available for Hurricane Helene Victims

Tuesday, October 08, 2024 | 02:24pm

Tax relief is available for Tennessee businesses and residents affected by Hurricane Helene. Businesses located in eight East Tennessee counties now have until May 1 to file their franchise and excise tax return, as well as their Schedule G franchise tax refund. Other tax extensions for affected taxpayers are available by request on case-by-case basis. Read more in this notice. Additionally, Tennessee residents whose homes were damaged by the storm can also apply for a refund of sales tax of up to $2,500 for appliances, furniture, and building supplies. Read more here.