Casualty losses: A lighter side to disasters
$225.00
Description
Abstract: A dealership hit by a hurricane, flood or other natural disaster may be able to deduct casualty losses on its federal income tax return. This article discusses what does and doesn’t qualify as a casualty loss, and how a dealer-owner would calculate it. A special tax break for 2017 hurricane victims also is highlighted.
Additional information
Year | |
---|---|
Niche | |
Newsletter | |
Issue | |
Word Count |