IRS TAX TIP-2020-140 SUBMITTED BY FILOMENA MEALY
October 21, 2020
No matter how devastating a disaster is, before the IRS can authorize any tax relief, FEMA must issue a major disaster declaration and identify areas qualifying for their Individual Assistance program.
Here's a list of tax-related things that usually happen after a major disaster strikes that needs to be considered:
The IRS gives taxpayers more time to file and pay.
Taxpayers whose ...
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