There are two types of losses individuals and businesses sustain that will give them tax relief. Casualty & Theft Losses Casualty results in a deductible loss only if property is physically destroyed or damaged from an event that is sudden, unexpected or unusual such as a fire,
Read more →Victims of severe storms, tornadoes, straight-line winds and flooding that took place beginning on October 22, 2015 in parts of Texas may qualify for tax relief from the IRS. The president has declared the counties of Bastrop, Brazoria, Caldwell, Comal, Galveston, Guadalupe, Hardin, Harris, Hays, Hidalgo, Liberty,
Read more →