Special Payment Relief in Response to the COVID-19 Outbreak

Notice 2020-17; Payment relief on account of Coronavirus Disease 2019 (COVID-19) emergency. The Treasury Department and IRS are extending the due date for Federal income tax payments due April 15, 2020, to July 15, 2020, for payments due of up to $10 million for corporations and up to $1 million for individuals - regardless of filing status – and other unincorporated entities. Associated interest, additions to tax, and penalties for late payment will also be suspended until July 15, 2020.

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Mary Margaret Epps
SBi Update: A Successful 2019

As 2019 comes to a close, it has been a successful year at the Shoals Business Incubator. With our goal for our business clients continue to expand and grow, we have had several businesses graduate from the Shoals Business Incubator this year.

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Mary Margaret Epps