After Hurricane Katrina, it became quite common for Congress to enact tax legislation that provides tax relief for victims of natural disasters. The Internal Revenue Code's (IRC)...
Posted by Jim McClaflin, EA, NTPI Fellow on 05/19/2021
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
Posted by Elliot Kravitz, ATP on 05/18/2021
You can generally deduct losses from accidents and thefts related to your home, household items, and vehicles if the loss is caused by a federally declared disaster declared by the...
Posted by Thomas G Kinsella, ATP on 01/22/2021
By and large, over 867,000 Americans experienced hardship from cataclysmic events every year somewhere in the range of 1980 and 2010, as indicated by the disaster data website PreventionWeb....
Posted by Unifirst Financial & Tax Consultants on 06/13/2019
Some of the states inside the America does no longer affect the human beings approximately the tax relief for disasters that is why ordinarily no one talks approximately it. By using...
Posted by US and International Business Services on 04/16/2018
Most of the times, the proprietors of small companies tend to panic and do no longer know the way to deal with the tax relief for disasters making plans. It receives stressful for...
