Momentum - Business to Business Online Magazine MOMENTUM August 2018 | Page 33

Hurricane Disaster Relief Act 2017

Is your business located in one of the blue counties ? How 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 disaster area is eligible to receive the hurricane retention tax credit of $ 2,400 for every employee retained after the hurricane . Hurricane credit is calculated based on the number of days the business was disrupted by the storm and the numbers of days it took to return to significant operations , not just how long the business was closed .
Why choose Synergi Partners ?
Synergi has over 140 years experience with Employment Tax Credits . Synergi develops Operational Impact Analysis based on the facts and circumstances of each individual location . This document will determine when the business returns to at least 90 % of 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 of the business that affected your operations . These areas include :
• Financial Impact
• Operational Impact
• Physical Impact
• Productivity Benchmarks
After review , Synergi provides a complementary evaluation to determine the potential credit .
in partnership with :
When did my business become eligible for a retention credit ?
On September 29 , 2017 , President Trump signed into law The Hurricane Disaster 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 eligible 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 an audit ready package to claim the Employee Retention Credit on your business tax return .
How do I participate in the Employee Retention Credit program ?
Contact Synergi Partners at 843-519-0803 and ask for a complimentary review .
Contact : Fields Norwood fnorwood @ synergipartners . com
843.206.9587 www . SynergiPartners . com
32 MOMENTUM / August 2018