News & Updates
5 Things to Know About Tax Relief for Federal Disasters
July 31, 2025
The number of taxpayers impacted by federal disasters is increasing. From 2013 to 2023, the number of areas qualifying to receive tax relief because of federal disasters increased from 141 to 750. Here are five important considerations involving federal disasters and tax relief.
Dealing with Natural Disasters: How to Avoid Fraudulent Activities
July 29, 2025
More than one-third of Americans have been the victim of fraudulent activities after being personally or professionally impacted by a natural disaster, according to a Harris Poll. This AICPA article breaks down how to avoid bad actors.
Dealing with Natural Disasters: IRS Relief Efforts Leave Some Wanting
July 28, 2025
More than 4 in 10 Americans have been victimized by a natural disaster, a stressful scenario that can take time to process. Tax-related responsibilities add to the burden, but filing relief can help. This Journal of Accountancy article breaks down survey results showing some want more action from the IRS.
Tax Treatment of Qualified Disaster Payments
October 01, 2024
Individuals and businesses want to help individuals affected by disasters and may not realize there are “Qualified Disaster Payments” that allow disaster victims not to include as income some assistance payments they receive. Read more from the NCACPA.