September 2017
The Silver Fox Advisor
Advising, Consulting And Mentoring Greater Houston Area Business Since 1986
From the Editor...

Richard Hendee

Houston Recovery
Hurricane Harvey was certainly an unwelcome visitor to the Texas Gulf Coast. It does not seem possible that over 51 inches of rain could fall from the sky on Houston and the surrounding area in such a short period of time, when the average annual rainfall in Houston is slightly under 50 inches. But it did, and we were all challenged, probably more that most of us ever wanted to be.
It was so amazing to see people from other Texas cities as well as from around the country travel to Houston at their own expense to help people that they did not know and had never met. I heard one story of two guys traveling from Boston, Mass. stopping along the way to buy a boat so they could help rescue others.
The IRS Is Providing Some Relief

By Jim Griffing a Silver Fox Advisor
The Internal Revenue Service has announced tax relief for victims living in the areas affected by Hurricane Harvey, including the postponement of certain tax filing and payment deadlines until January 31, 2018.
As of September 5, 2017, the federal government has declared the following Texas counties a disaster area qualifying for tax relief: Aransas, Austin, Bastrop, Bee, Brazoria, Calhoun, Chambers, Colorado, DeWitt, Fayette, Fort Bend, Galveston, Goliad, Gonzales, Hardin, Harris, Jackson, Jasper, Jefferson, Karnes, Kleberg, Lavaca, Lee, Liberty, Matagorda, Montgomery, Newton, Nueces, Orange, Polk, Refugio, Sabine, San Jacinto, San Patricio, Tyler, Victoria, Walker, Waller and Wharton Counties.
The IRS is allowing eligible taxpayers to postpone various tax filing and payment deadlines. For those tax returns and payments that fall on or after August 23, 2017 and before January 31, 2018, the due date has been postponed until January 31, 2018. In general, individuals and businesses will have until January 31, 2018 to file or pay the following:
Important Hurricane Harvey Information Links

Be sure to look for additional announcements on how the Silver Foxes will be providing time and expertise to Businesses and their owners impacted by Harvey.


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