Our offices will be closed on July 4th for Independence Day. We will re-open July 7th at 9am.
Learn moreCasualty Losses
The rules for casualty loss write-offs state that you can deduct losses from tornadoes, blizzards and such to the extent you aren’t reimbursed by insurance. However, if you do not file a timely claim on insured property, you can’t take the deduction.