Hurricane Tax Relief

As victims of last year's Hurricanes Harvey, Irma and Maria pick up the pieces of their lives, the IRS is offering support on a variety of fronts, ranging from special tax breaks for donors to filing extensions for individuals and businesses affected by the storms. The National Oceanic and Atmospheric Administration recently estimated that the cumulative damage from last year's 16 weather and climate disaster events was a record $306.2 billion. This series focuses on the IRS's efforts and other incentives and programs available to businesses and individuals as they rebuild. 

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I’ve written several articles about legislation enacted in September that authorizes special tax breaks for qualifying individuals who...
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In a story on deductions for casualty losses published last week , I explained the usual rules for writing off losses. This time, we’ll...
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I’ve previously done columns on the usual rules for claiming deductions for casualty and theft losses. Claiming deductions for casualty...
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Natural disasters such as winter ice storms, hurricanes, tornadoes, and wildfires have struck repeatedly in 2017, affecting millions of...
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Natural disasters are a fact of life. Any business that plans to be successful in the modern era has to have a plan for surviving the...
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Victims of the recent hurricanes are struggling to restore not just their homes, but their financial security which will be impacted by the...
hurricane irma
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On Sept. 29, President Trump signed into law H.R. 3823, the "Disaster Tax Relief and Airport and Airway Extension Act of 2017". The Act,...
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Although the mainland didn’t absorb the brunt of Hurricane Maria, the IRS isn’t turning a cold shoulder to U.S. citizens ( PR-2017-02 , 9/...
hurricane sandy relief
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Americans are opening up their hearts — and their wallets — to victims of Hurricanes Harvey and Irma. But not every “good cause” is legit...
hurricane irma flooding jacksonville
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The IRS is making it possible for employees to redirect payroll amounts they are owed to charities supporting recovery efforts from...
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When a natural disaster strikes — such as Hurricanes Harvey and Irma — your first instincts are to worry about loved ones and then your...
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At least taxpayers in Florida and other areas affected by Hurricane Irma won’t have to worry about meeting tax return deadlines until next...
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It will likely take months and even years for many residents of Texas to pick up the pieces after the devastation caused by Hurricane...