As Tennessee prepares to send out an additional $45 million in federal coronavirus relief to small businesses before the end of the year, those businesses should know they won’t be taxed on any relief that comes as part of the state’s Supplemental Employer Recovery Grant (SERG) program.

Gov. Bill Lee has signed into law a bill and that creates a tax deduction for any of a number of pandemic relief funds sent out between March 1, 2020, and Dec. 31, 2021.

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