It is no longer possible for the 2018-2025 fiscal years to claim accidental loss and personal property theft as itemized deductions unless your claim is declared as a federally declared...
There is some tax relief from the CARES Act to help charitable organizations cushion the coronavirus's effect. This tax relief aims to encourage donors for the 2020 tax return...
No one hopes for property damage, but when it comes, there are tax deductions that take care of it. Cases of a fire accident, natural disaster, etc. have deductions. Itemizing gives...