Outreach Connection FY24-08

03 Jun 2024 11:56 AM | Anonymous

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

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.


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is a 501(c)6 non-profit organization.

8100 Three Chopt Rd. Ste 226 | Richmond, VA 23229 | Phone: (800) 927-2731 | asv@virginia-accountants.org

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