Tax law changes mean March tax moves
We thought we wanted you March, but your "in like lion" approach this year is way too fierce. Severe weather roared through the south today, with a rash of tornadoes claiming lives and destroying property. Meanwhile, a serious winter storm is heading to the northeast, making March's appearance more like…
How to get tax help for your natural disaster losses
If you're claiming a vehicular loss or other personal property, the adjusted basis may be determined by the depreciation that reduces the auto's or property's value. An appraisal of your property's post-disaster value can help here. Compare that amount to your adjusted basis and the difference between the two amounts…
