Personal casualty losses from natural disasters

September 6, 2018

A recent article in the AICPA Tax Advisor discusses the  significant changes over the past year in the rules regarding the deduction of personal casualty losses from natural disasters at the same time as those disasters seem to be increasing in frequency. The article details how to calculate and report the deduction for these losses from residential property and other nonbusiness property for federal tax purposes. Access the full article here.

 

 

Please reload

Our Recent Posts

HOW ACCOUNTING PROFESSORS HAVE SHIFTED TO REMOTE TEACHING DURING COVID-19

June 3, 2020

Panelist for AAA Friday Online Help Sessions

April 28, 2020

How I Put my Online Courses Together in D2L

April 21, 2020

1/1
Please reload

Tags

Please reload

  • LinkedIn Social Icon
  • Twitter Social Icon
  • Facebook Social Icon
  • YouTube Social  Icon
  • Snapchat Social Icon
  • Google+ Social Icon

Contact

724-590-9164

Visitor counter

©2019 by Dr. Veronica Paz, CPA, CITP, CFF, CGMA