Natural Disasters | The TurboTax Blog

Tax Planning

Tax Benefits Available for Victims of Natural Disaster

September 25, 2019 / Ginita Wall, CPA, CFP®

If you haven’t already filed your taxes and were a victim of recent severe storms, flooding, or disasters you may have more time to pay taxes and file your tax returns if you were affected and in counties designated as federal disaster areas qualifying for individual assistance.

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Tax News

Hurricane Victims Get Additional Relief with the Disaster Tax Relief and Airport and Airway Extension Act of 2017

October 12, 2017 August 23, 2019 / TurboTaxLisa

Following the devastation left from Hurricanes Harvey, Irma, and Maria, the Disaster Tax Relief and Airport and Airway Extension Act of 2017 was recently signed into law. The bill provides relief, in addition to the already extended tax deadlines provided...

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Tax News

IRS Gives Tax Relief to Victims of Hurricane Harvey and Hurricane Irma

September 15, 2017 August 23, 2019 / TurboTaxLisa

Following the recent destruction caused by Hurricane Harvey and Hurricane Irma, the IRS has announced tax relief for victims of Hurricane Harvey in parts of Texas and victims of Hurricane Irma in parts of Florida, Puerto Rico and the Virgin...

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Tax Planning

It’s Hurricane Season! Here’s How to Safeguard Your Documents from Natural Disaster

October 24, 2016 September 7, 2017 / TurboTaxLisa

Hurricane Isaac struck the Gulf Coast this week and although it was downgraded to a tropical storm, it is still causing devastating floods in Louisiana and Mississippi. With hurricane season upon us, do you know what you would do if you lost important documents like your tax records and how to safeguard them? Here are helpful tips to help you safeguard your records.

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Tax News

IRS Announces Tax Relief for Washington State Mudslide and Flooding Victims

April 7, 2014 August 23, 2019 / TurboTaxLisa

On April 4th the IRS announced that victims of the recent Washington State floods and mudslides will have until October 15 to file their 2013 individual and business tax returns and pay any taxes due. What Washington taxpayers are eligible...

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Tax News

IRS Announces Immediate Tax Benefits for Contributions to Philippines Typhoon Relief

April 4, 2014 August 23, 2019 / TurboTaxBlogTeam

Today, the IRS announced that taxpayers who made cash donations for Philippines typhoon relief on or after March 26, 2014 and before midnight on Monday, April 14, 2014, can get an immediate tax benefit when claiming the donation on their 2013 return. If you’re thinking of giving back, it’s not too late.

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Tax Planning

How to Keep Records Safe From Natural Disaster

November 14, 2013 September 7, 2017

One of the worse natural disasters in history hit the Philippines last week. Whether you’ve been hit by a natural disaster or know someone hit by disaster our hearts go out to you or anyone you know faced with this difficult situation. We know that natural disasters may occur without any warning, but hopefully these tips offered by Michael Rubin will help you safeguard your records before they occur.

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Tax News

IRS Offers Penalty Relief to Storm Victims Unable to File by the Tax Deadline

April 17, 2013 July 10, 2019 / TurboTaxLisa

Tornados, high winds, and baseball-sized hail wreaked havoc on the South and Midwest last week and over the weekend. The IRS announced that it will provide penalty relief to taxpayers impacted by the storms who were not able to file or pay taxes due until after the April 15th tax deadline.

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Tax News

IRS Announces Extension Deadline for Businesses Impacted by Hurricane Sandy

October 31, 2012 July 9, 2019 / TurboTaxLisa

Today it was announced that the IRS is giving relief to those who file payroll and excise tax returns and make payments normally due on Wednesday. Find out more.

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Tax Deductions and Credits

Can I Claim a Casualty Loss for a Natural Disaster?

October 30, 2012 July 19, 2019 / Jim Wang

Hurricane Sandy and other natural disasters can be devastating for the individuals impacted. You can never replace the personal items lost, but the IRS offers some relief. Jim Wang tells us how to claim a casualty loss when the unexpected happens.

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