Tag Archives: casualty loss deduction on your tax return

Disaster Tax Losses in USA

By | May 13, 2019

A federally declared disaster is a disaster that took place in an area declared by the President to be eligible for federal assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. A list of areas warranting public or individual assistance (or both) is available at the Federal Emergency Management Agency (FEMA) web… Read More »