News & Tax Advice From One of America’s Leading Disaster Recovery Specialists

People may be well on their way to recovering from Hurricane Sandy, but the after effects don’t end with clean up and reconstruction.

Tax Advice For A Disaster Such As Hurricane Sandy

Tax consequences following a disaster are complicated. And with April 15 fast approaching, now is the time to make sure you have considered tax ramifications of any losses and insurance payments.

We have a blog — Account For Disaster Recovery — dedicated to federal income tax issues, especially in relation to those who have suffered through a disaster.

You’ll find several entries in the blog that are specific to the hurricane area. These entry listings are specific to the issue of what areas qualify for Federal disaster relief under the federal Internal Revenue Code. Several of them are updated with current information as FEMA issues new Presidential Disaster Declarations.

If you have a specific question, please feel free to call me, John Trapani, CPA, at (805) 497-4411.