Hurricane Disaster Tax Relief
In a four-week period, the United States was struck by three Category 4 hurricanes. The resulting damage is staggering. As humanitarian relief efforts continue, new legislation provides tax relief for those affected by the storms. Additional tax relief provisions have been announced by the IRS.
Disaster Tax Relief Act of 2017
The Disaster Tax Relief and Airport and Airway Extension Act of 2017 (the "Act"), signed into law on September 29, 2017, provides temporary tax relief for those affected by Hurricanes Harvey, Irma, and Maria.