Disaster losses
https://falconcpa.com/wp-content/themes/osmosis/images/empty/thumbnail.jpg 150 150 speakeasy speakeasy https://secure.gravatar.com/avatar/1ee8bd3c861e30321e8b5e706cf7b0e5?s=96&d=mm&r=gQuestion: What tax breaks are available if I suffer a loss due to a natural disaster? Answer: If the federal government declares your area to be a major disaster area, the tax law allows individuals and businesses to get a faster refund by claiming disaster losses on their prior years’ return. This is done by…
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