Unlike Previous Disasters, Few Tax Breaks After Sandy
It’s tax season and many residents of New York and New Jersey lost homes, property and paperwork, making this season particularly difficult, but after Sandy, residents aren’t getting the kind of tax breaks that victims of previous national disasters have received.
The IRS released a slim volume back in 2006, known as Publication 4492. If you missed it, that’s because it applied to victims of Hurricanes Katrina, Rita and Wilma, providing instant tax breaks.
Read the full article published by Stephen Nessen’s WNYC News