Casualty Loss Tax Deductions: What Qualifies and What Doesn’t
Natural disasters, such as wildfires, hurricanes, and floods, leave behind widespread devastation. Victims often face the daunting task of rebuilding their lives while grappling with financial loss. Although insurance and government aid help, these resources often fall short of covering all the damage. Fortunately, the IRS provides a valuable option: casualty loss tax deductions. These […]