The IRS has already noted 14 federal disasters in 2023—including tornadoes, mudslides, winter storms, severe rains, and flooding. These events have tax consequences for individuals and businesses.
In his Tax Tips column, Sidney Kess takes a comprehensive look at the Inflation Reduction Act of 2022—a "massive measure" intended to reduce inflation and lower the deficit.
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"uri": "/2023/04/28/natural-disasters-and-tax-consequences-individuals-and-businesses-take-note-411-29691/",
"title": "Natural Disasters and Tax Consequences: Individuals and Businesses Take Note",
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"summary": "The IRS has already noted 14 federal disasters in 2023—including tornadoes, mudslides, winter storms, severe rains, and flooding. These events have tax consequences for individuals and businesses.",
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{
"uri": "/2022/09/09/tax-changes-from-the-inflation-reduction-act-of-2022-411-28127/",
"title": "Tax Changes from the Inflation Reduction Act of 2022",
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