Tax-News.com: IRS Issues Disaster Loss Deduction Rules, by
Tax-News.com: The Internal Revenue Service has issued Revenue Procedure 2016-53, containing rules and procedures for an election under Section 165(i) of the US tax code to deduct a disaster loss for the taxable year immediately preceding the taxable year in which the disaster occurred.
Continue reading...
Tax-News.com: The Internal Revenue Service has issued Revenue Procedure 2016-53, containing rules and procedures for an election under Section 165(i) of the US tax code to deduct a disaster loss for the taxable year immediately preceding the taxable year in which the disaster occurred.
Continue reading...