Disaster-related tax extensions available
This is a news story, published by Yahoo Finance, that relates primarily to IRS news.
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disaster lossesAssociated Press News
•Business
Business & Economics
Have you experienced a disaster? You have more time to file your taxes
80% Informative
The IRS grants you an automatic extension to file your taxes beyond the normal filing deadline.
You're permitted to write off a certain amount of loss due to disaster, reducing your tax burden.
People are also more vulnerable to scams, so be extra vigilant as you prepare your taxes.
Claiming casualty loss doesn't result in dollar-for-dollar reimbursement, but it does lower your tax burdens.
The promise of more money than you think sounds reasonable.
Bad advisers may make outlandish statements about available credits.
Threats and demands: Any pressure to pay for tax help “now or else” mentions of arrest or deportation.
Suspicious or misspelled website links that aren't IRS.gov..
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80
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78
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51
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15
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