Disaster relief resources for tax professionals
We've developed several resources to provide guidance and assist tax practitioners in responding to your clients' needs in the aftermath of several recent hurricanes. Two new Thomson Reuters Checkpoint special reports provide information on how to approach both immediate issues and longer-term return preparation and planning as a result of hurricanes Harvey, Irma, and Maria. Two new client summaries are also available for practitioners to send directly to their clients to provide federal tax break relief information and other assistance to clients affected by hurricanes Harvey and Irma. Additional resources are available below, including tax pronouncements, state tax announcements, and support for impacted Thomson Reuters customers.
Resources for Thomson Reuters Tax & Accounting customers
Hurricane Harvey resources
Special report: Hurricane Harvey — federal tax considerations associated with disasters
Taxpayers affected by a federally declared disaster area are eligible for special tax relief provisions. This special report outlines the favorable tax treatments of assistance payments that are received by hurricane victims.
Client summary: After Hurricane Harvey
Hurricane Harvey left many homeowners and businesses with major, unprecedented damage. In addition to the widespread property loss, disasters can have tax and other financial implications. Here is some information that may help if you’re a victim.
Now available for you to send directly to your clients, this client letter sets out the various types of tax relief for taxpayers affected by Hurricane Harvey.
Federal tax pronouncements
State tax announcements
Hurricane Irma/Maria resources
Special report: Hurricane Irma/Maria
Impacted individuals and businesses will need assistance in dealing with the tax and other financial consequences caused by Irma and Maria. This special report addresses these considerations.
Client summary: After Hurricane Irma
Hurricane Irma left many homeowners and businesses with major, unprecedented damage. In addition to the widespread property loss, disasters can have tax and other financial implications. Here is some information that may help if you’re a victim.
Now available for you to send directly to your clients, these two client letters set out the various types of tax relief for taxpayers affected by Hurricane Irma or Hurricane Maria.