Qualified Disaster Relief: Tax-Deductible Benefits for Your Business & Employees

Your Qualified Disaster Relief Plan, Made Easy

For employers, Qualified Disaster Relief (Section 139) may be an option to ease the burden on your employees – as many of us operate under remote, work-from-home situations and may also need to balance school or childcare disruptions. This relief plan is a tax-deductible benefit can help boost productivity by getting resources, like extra monitors, desks and other technology upgrades, to your employees, and more.

Toolkit: Qualified Disaster Relief Plans

Lurie advisors created a Qualified Disaster Relief Plan Toolkit – a turn-key, quick-start package of resources and guidance – to help your company leverage this valuable benefit for your employees. Learn more:

Save time getting this program up-and-running by using our internal documentation and policy guide. This will help your leadership and financial management team get on the same page for the program roll-out and how to manage employee reimbursement of expenses.

A template you can quickly adapt for your business by adding company letterhead, internal contacts and authorized uses/funds for the program.

Lurie accounting professionals have created this spreadsheet that you can use to submit expenses – saving your internal team time in processing expense reimbursement requests, as well as creating a consistent framework for possible documentation requirements from the IRS down-the-road.

You have questions; we have answers. Our team is ready to help you: (1) get your templates up and running correctly, (2) answer your accounting or tax-related questions on Qualified Disaster Relief/Section 139, and (3) assist with documentation guidance as any new or updated requirements become available.

Get Started Today

We offer comprehensive, quick-start suite of templates, resources and guidance on Qualified Disaster Relief plans. Contact us to learn more, and get started today.

Lurie Economic Relief & Advisory Team Leaders:

Kevin Besikof

Partner, Business Valuation, Entrepreneurial Services, Litigation Support

Cory Markling

Director, Transaction Advisory Services

Chris Van Schooneveld

Manager, Business Valuation & Litigation Support

Stephanie Hartje

Manager, Business Intelligence

Michael Mondelli

Manager, Tax Services

Becky Munson

Director, YourBooks®

Amy Jongerius

Team Lead, YourBooks®

Debra Sullivan

General Ledger Associate