Episode Details

A team of tax experts discuss critical tax issues affecting individuals impacted by recent fires. The program covers navigating extended income tax filing deadlines, managing property tax assessments, including reductions and the transfer of assessed value from a destroyed home to a new home, addressing tax obligations without proper documentation, and understanding the taxability of disaster relief payments or insurance proceeds. Additionally, the session explores income tax deductions for disaster-related losses, the forgiveness of indebtedness, and identifying payments that may count as income.

📂 Access materials: https://drive.google.com/file/d/18_XZfJtXOqDIuwxhmrJ57v18gLRMsIwa/view?usp=sharing

Special thanks to our speakers for sharing their expertise!

• Alex J. Hemmelgarn, Lewitt Hackman
• LaVonne D. Lawson, Leech Tishman
• Howard S. Fisher, Fisher & Fisher

DISCLAIMER: This program and the associated written materials are provided for informational purposes only and are not intended, and must not be taken, as legal advice on any particular set of facts or circumstances. You should not act or refrain from acting on the basis of any content included in this program without seeking legal or other professional advice on your specific matter. This program contains general information and may not reflect current legal developments or address your specific situation. This program and the associated written materials are not intended as a solicitation.

More resources for the public and more attorneys can be found here: https://bhba.org/recovery/