Hurricane Ian Small Business Administration (SBA) Disaster Assistance
The Small Business Administration (SBA) provides disaster assistance for homeowners, renters, nonprofits, and businesses of all sizes affected by Hurricane Ian.
Casualty Losses
Video Tips: Tax Relief for Hurricane Ian Victims
The IRS is offering tax relief for individuals and businesses within any area designated by FEMA to be impacted by Hurricane Ian.
Tax Relief for Victims of Hurricane Ian
The Federal government provides special tax law provisions to help taxpayers and businesses recover financially from the impact of a disaster. Read more.
Tax Central
Were You Affected by a Disaster Loss?
With the wildfires in the west, hurricanes, and flooding in the southeast and eastern seaboard, we have had several presidentially declared disaster areas this
Tax Relief for Victims of 2020 Natural Disasters
Most of us will always remember the year 2020, as much as we may like to forget it. On top of the COVID-19 emergency, street protests (both peaceful and not), a
Disaster-Related Tax Losses May Be Less Than Expected
The late-2017 tax-reform package changed the rules for personal casualty losses, which now are only deductible if they occur in a federally declared disaster ar
Tax Central
When To Claim a Disaster Loss
Tax reform eliminated the deduction for casualty losses but did retain a deduction for losses within a disaster area. With the wild fires in the west, hurricane
Personal Casualty Losses Axed by the New Tax Law
A casualty loss occurs when there is property damage from a sudden, unanticipated event, not from gradual, progressive damage. Examples of events qualifying as