Outreach Connection FY24-08

Disaster tax relief

Each year, taxpayers are affected by major disasters or emergencies in different parts of the country. The IRS makes it a priority to help taxpayers and businesses in need, and the agency works closely with other federal agencies in times of disaster.

In this edition

• Eligibility
• Protect information assets — Individuals
• Protect information assets — Businesses
• Resources

Eligibility

Taxpayers and businesses in an area affected by a natural disaster may be eligible to receive tax relief.

When the IRS can offer disaster-related tax relief

IRS disaster assistance (PDF)

Protect information assets — Individuals

Click on image to play IRS YouTube video: Preparing for Disasters

The IRS recommends taxpayers review and protect important tax and financial information as part of a disaster emergency plan.

Safeguard information in case of natural disasters

Casualty, disaster and theft loss workbook

Protect information assets — Businesses

When business owners put together an emergency preparedness plan, it should include copies of vital records and financial information.

Include financial records in business emergency preparedness plans

Business casualty, disaster and theft loss workbook (PDF)

Resources

Here are resources about disaster declarations, disaster tax relief, recommendations on preparation and what to do during recovery after a disaster.

• Latest disaster declaration by the Federal Emergency Management Agency: Information on the disaster declaration process, disaster types, how FEMA gets involved, and more.
• IRS disaster relief: Recent tax relief provisions for taxpayers affected by disaster situations.
• IRS disaster relief by state and U.S. territory: IRS news specific to local areas, primarily disaster relief or tax provisions that affect certain states.
• Disaster assistance and emergency relief for individuals and businesses: Tax-related information and resources for individuals and businesses affected by federally declared disasters.
• DisasterAssistance.gov: Assistance programs, guidance and how to apply for aid, and updates on disaster recovery efforts.
• Reconstructing records after a natural disaster or casualty loss: Guidance on how to recover and recreate financial tax records that have been lost or destroyed.