Hurricane Disaster Relief Act 2017€¦ · into law The Disaster Tax Relief Act of 2017 (H.R. 3823...

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Hurricane Disaster Relief Act 2017 Is your business located in one of the blue counties? Was your business disrupted from the hurricanes? Did your business lose power? Could your employees get to work? Were deliveries delayed? Were your sales down? Did you incur additional expenses? Did your location close? Then you may be eligible to earn up to $2,400 for each employee Every business located in the disaster area is eligible to receive a tax credit of up to $2,400 for every employee retained after the hurricane. The hurricane retention tax credit can benefit you even if your business never closed. It is calculated based on the number of days your business was disrupted by the storm as well as the number of days it took to return to significant operations post-hurricane. Why choose Synergi Partners? Synergi has over 150 years experience with Employment Tax Credits. Synergi develops an Operational Impact Analysis based on the facts and circumstances surrounding your business. This document will determine when the business resumed significant operations after the hurricane. How does Synergi determine if my business qualifies for a retention credit? To maximize your retention credit, Synergi reviews different areas that affect your overall operation. These areas include: Financial Impact Operational Impact Physical Impact Productivity Benchmarks After review, Synergi provides a complimentary evaluation to determine your potential credit. When did my business become eligible for a retention credit? On September 29, 2017, President Trump signed into law The Disaster Tax Relief Act of 2017 (H.R. 3823 Section 503). It allows businesses that were disrupted after one of the hurricanes, with a principal address in the designated hurricane disaster zone, to receive up to $2,400 for each employee retained after the hurricane made landfall (Harvey, August 23; Irma, September 4; Maria, September 16). “Success-based” no risk pricing! There is no financial risk or upfront costs. A contingency fee is due to Synergi after we provide you with the package that allows you to claim the Employee Retention Credit on your tax return. How do I participate in the Employee Retention Credit program? Contact Synergi Partners at 843-245-3903 and ask for a complimentary review. Contact: Karen Freeman kfreeman@synergipartners.com 843.245.3903 www.SynergiPartners.com/SouthDade

Transcript of Hurricane Disaster Relief Act 2017€¦ · into law The Disaster Tax Relief Act of 2017 (H.R. 3823...

Page 1: Hurricane Disaster Relief Act 2017€¦ · into law The Disaster Tax Relief Act of 2017 (H.R. 3823 Section 503). It allows businesses that were disrupted after one of the hurricanes,

Hurricane Disaster Relief Act 2017

Is your business located in one of the bluecounties?

Was your business disrupted fromthe hurricanes?

Did your business lose power? Could your employees get to work?Were deliveries delayed? Were your sales down?

Did you incur additional expenses? Did your location close?Then you may be eligible to earn up to $2,400 for each employee

Every business located in the disaster area is eligible to receive a tax credit of up to $2,400 for every employee retained after the hurricane. The hurricane retention tax credit can benefit you even if your business never closed. It is calculated based on the number of days your business was disrupted by the storm as well as the number of days it took to return to significant operations post-hurricane.

Why choose Synergi Partners?Synergi has over 150 years experience with Employment Tax Credits. Synergi develops an Operational Impact Analysis based on the facts and circumstances surrounding your business. This document will determine when the business resumed significant operations after the hurricane.

How does Synergi determine if my business qualifies for a retention credit?To maximize your retention credit, Synergi reviews different areas that affect your overall operation. These areas include:

• Financial Impact• Operational Impact• Physical Impact• Productivity Benchmarks

After review, Synergi provides a complimentary evaluation to determine your potential credit.

When did my business become eligible for a retention credit?On September 29, 2017, President Trump signed into law The Disaster Tax Relief Act of 2017 (H.R. 3823 Section 503). It allows businesses that were disrupted after one of the hurricanes, with a principal address in the designated hurricane disaster zone, to receive up to $2,400 for each employee retained after the hurricane made landfall (Harvey, August 23; Irma, September 4; Maria, September 16).

“Success-based” no risk pricing!There is no financial risk or upfront costs. A contingency fee is due to Synergi after we provide you with the package that allows you to claim the Employee Retention Credit on your tax return.

How do I participate in the Employee Retention Credit program?Contact Synergi Partners at 843-245-3903 and ask for a complimentary review.

Contact:Karen Freeman [email protected] 843.245.3903 www.SynergiPartners.com/SouthDade