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Subject:
Item Title:
Can I Claim a Casualty Loss for Tax Purposes?
Summary:
In recent months,
there have been many devastating storms, hurricanes, floods and other disasters across the nation. When a catastrophe strikes, you may be able to salvage a tax break. It doesn't matter if the disaster is a tornado, fire, automobile accident or theft. If it qualifies as a casualty loss according to IRS guidelines, there may be help from Uncle Sam. If your region is officially designated as a "presidentially-declared disaster area," you may qualify for fast relief. Find out what is available by reading the "Full Article."
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