The Thames boat disaster in 1878 has all been forgotten, says the relative of one of those who died.
Even without a disaster declaration, you can still make a Section 1033 election to defer your gain. But some special features ...
More than half of disaster victims who have to leave their homes report being targets of scams, which often pretend to be construction companies. Disaster victims in the states of Utah, Minnesota, ...
Natural disaster survivors would be eligible for six months of mortgage relief under a bill introduced Thursday by two senators whose states have been ravaged by wildfires and floods. The Mortgage ...
As victims of several natural disasters are facing homelessness and economic ruin, many are searching for an economic lifeline. The tax code will provide some assistance, but the benefit is haphazard, ...
The U.S. House of Representatives passed six bipartisan bills this week dealing with the IRS – four focused on improving tax administration and two aimed at helping victims of disasters. The AICPA ...
With weather catastrophes becoming more common in the United States these days, communities have counted on two facts. First, the federal government has their backs. When state and local resources are ...
On Wednesday, Ranking Member of the Ways & Means Subcommittee on Tax Rep. Mike Thompson (CA-04) and Rep. Greg Steube’s (FL-17) bill providing tax relief to future disaster victims passed through the ...
USA, — If your life has been upended by a wildfire, hurricane, flood, tornado, or another disaster this past year, the IRS recognizes that you may need more time to file your taxes and grants you an ...
The Senate passed a bipartisan bill Thursday extending tax filing deadlines for those affected by natural disasters. H.R. 517, the “Filing Relief for Natural Disasters Act,” advanced via unanimous ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Disaster victims get big tax benefits from federal disaster ...