Conroe chamber partners with consulting firm to offer free tax credit eligibility to members affected by Harvey

Businesses near the San Jacinto River on Hwy. 105 in Conroe have been flooded by Hurricane Harvey floodwaters.

Businesses near the San Jacinto River on Hwy. 105 in Conroe have been flooded by Hurricane Harvey floodwaters.

Montgomery County business owners impacted by Hurricane Harvey may be unaware they are missing out on tax relief, said Tim Norwood, executive vice president for BCN Management. BCN Management, a consulting firm, was hired through the Conroe/Lake Conroe Chamber of Commerce to provide free tax credit eligibility evaluations to local businesses affected by Harvey.

If an employer affected by the storm is located in hurricane disaster areas—like Montgomery County—and the employer retained employees, the business is applicable for federal hurricane relief tax credits, Norwood said.
Criteria of an “impacted” business:


  • Any type of business that was inoperable any day after Harvey made landfall on Aug. 23, 2017 and before Jan. 1, 2018.

  • A business was affected for whatever timespan it suffered a physical, operational, financial or productivity impact.


Examples of an “inoperable” business:


  • Employees were unable to get to work.

  • Product deliveries were unable to be made.

  • Sales were reduced.

  • Costs of products were increased.


Potential credits:


  • Businesses are eligible for a credit of 40 percent of the first $6,000 in wages paid to an employee after the hurricane or a maximum of $2,400 for each employee.


While business owners do not need to be chamber members to apply for the disaster relief tax credits, individuals must be chamber members to use the tax credit evaluation. The evaluation is free for members, but the BCN receives a percentage of credits obtained for the business. To learn more about the tax credit evaluation, visit the chamber website or call 936-756-6644.
By Kelly Schafler

Managing editor, South Houston

Kelly joined Community Impact Newspaper as a reporter in June 2017 after majoring in print journalism and creative writing at the University of Houston. In March 2019, she transitioned to editor for the Lake Houston-Humble-Kingwood edition and began covering the Spring and Klein area as well in August 2020. In June 2021, Kelly was promoted to South Houston managing editor.



MOST RECENT

Outside of the Alan B. Sadler Commissioner's Courthouse in Conroe
Montgomery County commissioners vote on proposed tax rate, set date for public hearing on FY 2021-22 budget

A public hearing is scheduled for Aug. 20 to adopt the final budget and tax rate for the 2021-22 fiscal year.

School supplies will be exempt from the 8.25% sales tax Aug. 6-8. (Courtesy Adobe Stock)
What to know before the statewide tax-free weekend Aug. 6-8

Customers will not have to pay the standard 8.25% sales tax on select clothing, footwear, school supplies and backpacks under $100.

Houston Firefighters
Appeals court rules in favor of union in longstanding Houston firefighters pay parity case

The measure, known as Proposition B, requires Houston firefighters to receive the same pay as Houston police officers of comparable rank. 

According to a July 21 district news release, all eligible full-time teachers, nurses, librarians and counselors will receive a one-time stipend of $2,000, while all other eligible staff will receive a one-time payment of $1,000 on or before the Sept. 30 paycheck. (Courtesy Fotolia)
Humble ISD board approves COVID-19 retention stipend for returning employees

According to a July 21 district news release, all eligible full-time teachers, nurses, librarians and counselors will receive a one-time stipend of $2,000, while all other eligible staff will receive a one-time payment of $1,000 on or before the Sept. 30 paycheck.

Titus Express Car Wash is hosting a grand opening event beginning at 7 a.m. July 31 at the car wash, 23685 Walton Avenue, New Caney. (Courtesy of Titus Express Car Wash)
Titus Express Car Wash in New Caney to host grand-opening event

Terry Schmidt, Titus Express Car Wash owner, said the event will feature free car washes all day, free food and snow cones, and face paintings and balloons for kids. Attendees will also have a chance to win Astro’s game tickets and gift cards at the event.

Main Chick Hot Chicken opened its first brick-and-mortar location July 23 in Sugar Land. (Courtesy Main Chick Hot Chicken)
Main Chick Hot Chicken opens in Sugar Land; Urban Bird Hot Chicken coming to Cy-Fair and more Houston-area news

Read the latest business and community news for the Houston area, including two new chicken restaurants.

Houston-area residents will be able to apply online for a one-time payment of $1,500 from July 28-Aug. 11. (File photo)
$30M COVID Relief Fund opens for Harris County residents as eviction moratorium ends

Sourced by funding from the American Rescue Plan Act, eligible residents will receive a one-time payment of $1,500 to support urgent needs.

Exterior of Alan B. Sadler Commissioners Court building
Montgomery County officials discuss employee raises on first day of budget workshops

Montgomery County commissioners debated the possibility of a 5% raise in salaries across the board as a priority for the 2021-22 fiscal year budget.

Pride Houston Parade
Pride Houston fall parade and festival canceled due to COVID-19 concerns

The downtown annual parade and festival, scheduled for Sept. 25, will be replaced by a Montrose block party and other events, organizers announced July 25.

The CDC reversed its masking guidance for fully vaccinated individuals in response to the transmissibility of the delta variant of COVID-19 in a press conference July 27. (Community Impact Newspaper staff)
NEW CDC GUIDANCE: All individuals should wear masks in K-12 schools, including those who are fully vaccinated

The new CDC guidance, announced July 27, also recommends people in areas with "high" or "substantial" levels of transmission wear masks regardless of vaccination status.

Judson Robinson III
Historic preservation dispute complicates embattled Hurricane Harvey recovery program

Progress on home reconstructions in some areas has stalled or moved forward with a different style and sometimes smaller layout than the homes had prior to the storm.

(Community Impact Newspaper staff)
Texas Medical Center coronavirus updates: Average testing positivity rate nears 10% after sharp increase

Over 97% of people nationwide who are being hospitalized because of the disease are unvaccinated.