On October 2, 2017, President Trump signed the Disaster Tax Relief and Airport and Airway Extension Act of 2017 (Relief Act; P.L. 115-63). Title V…
At the request of the editors of the CPA Journal, insurance expert, Barry Zalma updated his blog for the benefit of our readers. In 2008, he…
Casualty Loss Deductions and Other Hurricane-Related Tax Benefits
Updated for Hurricanes Harvey and Irma
Editor's Note: This article was originally published in February 2013 as "Casualty Losses for Property Damaged by Hurricane Sandy" and has been updated to address…
This article was adapted for CPAJournal.com. Portions of this article were previously published by professional societies. For a list of resources and information on Hurricane Harvey,…
With the recent devastation caused by Hurricane Harvey, the editors of The CPA Journal thought it appropriate to re-present this article from December 2016…
Disasters result from natural causes, such as storms, floods, fires, and earthquakes, and from human activity, such as riots and terrorist attacks. Unfortunately, disasters have…
The Small Business Administration’s Hurricane Sandy Disaster Loan Program
Now Re-Open for Business
In Brief Hurricane Sandy was one of the most devastating natural disasters in U.S. history, and many businesses have still not recovered. Many affected business…
As recent natural and man-made disasters have made clear, CPAs are frequently required to prepare a business interruption insurance claim for their clients. In addition,…