In response to the devastation caused by Hurricane Helene, Tennessee Governor Bill Lee, along with the Tennessee Department of Revenue, has announced a series of tax relief measures to support affected businesses and individuals. These measures align with the Internal Revenue Service’s decision to extend federal tax filing deadlines for businesses in designated disaster areas.
The Tennessee Department of Revenue has extended the due dates for franchise and excise tax filing and payments to May 1, 2025, specifically for taxpayers located in the counties of Carter, Cocke, Greene, Hamblen, Hawkins, Johnson, Unicoi, and Washington. In addition, businesses in these counties will see the franchise tax Schedule G refund filing deadline extended to the same date. These extensions are being applied automatically, providing immediate relief to the affected taxpayers.
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Residents of Tennessee whose primary homes have been damaged or destroyed by the hurricane are eligible to apply for a sales tax refund. This refund can amount to up to $2,500 and is applicable to major appliances, residential furniture, or building supplies. However, only one claim per residence can be filed. More detailed information is available on the Department of Revenue’s website.
Furthermore, the Department of Revenue is open to approving tax extension requests for other taxes on a case-by-case basis. Affected businesses are encouraged to email their requests to Revenue.DisasterExtension@tn.gov. The request should include the business name, entity ID or Tennessee account number, business location, and a brief description of the impact of the hurricane. More information can be found in this important notice.
These measures aim to provide much-needed support to those impacted by Hurricane Helene, ensuring they have the financial relief necessary to recover and rebuild.
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Governor Lee Visits Tennessee Storm Damage Areas
Tennessee Governor Bill Lee visited Greene and Cocke counties to assess the damage caused by Hurricane Helene, meeting with survivors and officials to discuss relief efforts. Emergency shelters and services are established to aid those affected, with the Tennessee Department of Transportation working on infrastructure repairs. Residents are advised to follow safety precautions and remain vigilant against disaster relief scams.