Tax Relief for Nonresidents Affected By Hurricane Katrina
The Internal Revenue Service (IRS) has made an adjustment to the tax law to provide assistance to all victims of Hurricane Katrina, including nonresidents for tax purposes. The new provision lifts certain loss limitations in the personal casualty or theft loss deduction. This resource briefly outlines these changes.
Author(s):
J. Tenney, J. Todd, and R. CatmurDate:
Jan 09, 2006
Type:
Resource