If a taxpayer had their personal property destroyed, they could claim casualty and theft losses. For one to qualify for this deduction, however, there must be a sudden and unplanned...
Many taxpayers do not like taking the home office deduction because they fear they might raise some eyebrow from the IRS. Sadly, this is true, especially if you take excessively large...
An unexpected, unusual or sudden event that causes damage to your property would allow you to enjoy a casualty deduction -- in that tax year -- for the loss to your property. The...
At the point when a storm harms your home or a criminal takes resources from your home or vehicle, you presumably resort to insurance to repay you for your loss. Insurance agencies...