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The Loss of Casualty Losses

The new tax law eliminated the write off for any personal casualty losses. This involved uninsured losses from fire, theft, or sudden act of God such as an earthquake, tornado, flood or hurricane. The only exception is if it incurred in a presidentially declared disaster area. Thus, if your house is on fire and not...Read More

News You Can Use

Here are some useful tips: 1. What do you do if you lost records in a hurricane or flood or other disaster? run around like a chicken with its head cut off, cry like hell and go into hiding, read the rest of this post Hopefully you answered (c). You can use the free Get...Read More