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Disaster Tax Relief Procedures and Processes

Jun 05, 2024 · 1 min read

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On May 01, 2024 the IRS released IR-2024-129 and offered tips on preparedness and how to protect personal information during natural disasters:

  1. Keep key documents safe; make extra copies

  2. Create a record of valuables and equipment

  3. Reconstructing records

  4. Employers should check fiduciary bonds

Taxpayers are also encouraged to visit Ready.gov and IRS.gov for additional disaster information. Consult the news release for in-depth practical details for each of these tips.

AICPA resources

  • Disaster Relief Resource Center — Preparing for disasters

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