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Posts Tagged ‘irs disaster relief’

Disaster Tax Help from the IRS

If you suffer through a natural disaster, you may be able to find some financial relief. If the area in which you’re located is declared a major disaster area, then you can claim losses on your tax return. If your state is prone to disasters, you may want to make electronic copies of your tax and financial documents to keep them safe. Ideally, you’ll store the ...

IRS Disaster Relief for Drought-Stricken Farmers

When people throw the word “disaster” around, they’re usually talking about earthquakes, hurricanes, or even tsunamis. It’s sometimes difficult to comprehend the scope of damage or the amount of time it takes to recover from a catastrophe; disasters often are slow, drawn out, and miserable. Anyone who has been the victim of a flood can attest to this fact. Farmers that endured through this year’s record-breaking ...