Advice From Your Accountant For Disaster Tax Services
I have spent years studying the tax and financial aspects of recovering after a disaster. My interest in the subject stems in part from having personally experienced a major loss as a result of a large disaster.
One thing I learned is that when a disaster strikes, your life will change. The change may be temporary or permanent. Whether it’s a flood, fire, hurricane, tornado, earthquake, or winter storm or freeze, suddenly many of the necessities of daily life you depend on will not work or are not available – basics such as food, water, warmth, clean air may be impaired. Electricity, and thus refrigeration, gas (heating & cooking) and city water may be interrupted. The ability to drive (due to injury or road damage) may be impaired. You may need to evacuate quickly to obtain food, water, and shelter, and to avoid imminent danger. Your recovery should start as soon a possible. For advice on the immediate action required, please visit my blog for tips on action immediately following a disaster.