Katrina Loss Strategy

This week I was invited to join Brent Clanton on BizRadio Network KZYZ-AM in Houston, TX
to provide some positive tips about how to use the tax code to help Katrina victims.

Naturally, since I already know everything about the tax issues on casualty and theft losses, I was compelled to do some more research to make sure I would get it right when we were on the air. And of course, I came up with a brilliant brainstorm, which you’ll only learn if you read this week’s Ask TaxMama http://taxmama.wpengine.com/AskTaxMama/ which will have a detailed outline of the idea which will let victims get the maximum possible tax benefit from their casualty losses.

File Download (4:04 min / 0.9 MB)

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