BUSINESS TIP

June 2006

IRS Publications for Disasters and Losses

The 2006 hurricane season starts June 1 and ends November 30. The Internal Revenue Service has prepared publications with useful information in the event a hurricane or other natural disaster affects your business.  

Publication 2194B has a checklist of important documents needed when requesting IRS assistance after a natural disaster. Publications 547 outlines special IRS rules that apply when reporting a loss in a  “Presidentially” declared disaster area, and Publication 584B contains worksheets to calculate business losses resulting from a disaster.

The publications are available as free downloads from the IRS website, www.irs.gov.

Publication 2194B - Disaster Losses Kit For Businesses

http://www.irs.gov/pub/irs-pdf/p2194b.pdf
 
Publication 547 - Casualties, Disasters, and Thefts

http://www.irs.gov/pub/irs-pdf/p547.pdf
 
Publication 584B - Business Casualty, Disaster, and Theft Loss Workbook

http://www.irs.gov/pub/irs-pdf/p584b.pdf

Form 4684 - Casualty and Theft

http://www.irs.gov/pub/irs-pdf/f4684.pdf

All forms and publications are in the PDF format and should be compatible with the latest version of the Adobe Reader.

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