Casualty and Theft Losses

/Tag:Casualty and Theft Losses

How Much is the Casualty Loss When a Rental Property Sits on Leased Land?

By | April 29th, 2016|Categories: Potpourri of Tax Topics|Tags: , |

This happened a number of years ago, in the early days of my business, and it was the first time I had to deal with a situation that kept me up at night. But after much research and discussion with other tax pros, I felt comfortable with the way we reported the loss.

Glossary: Casualty and Theft Loss

By | December 17th, 2015|Categories: Glossary|Tags: , |

A casualty and theft loss is a deduction allowed on tax returns for people who suffer property damage or theft.

Dinesen Tax Greatest Hits — Deducting Flood Losses and Other Storm Damage

By | September 3rd, 2012|Categories: Potpourri of Tax Topics|Tags: , |

How to deduct flood damage and other storm damage from your tax return.

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Deducing Whether Deductibles are Deductible

By | July 12th, 2012|Categories: Potpourri of Tax Topics|Tags: , , |

Are insurance deductibles tax deductible? Maybe.

From the Archives – Casualty Loss Dies in Tax Court

By | March 2nd, 2012|Categories: From the Archives|Tags: , |

It's the heat of tax season, plus Jason is working on finishing a manuscript for an upcoming continuing education seminar he is presenting at. Rather than make you wait for new posts, Jason has dug into the archives to pull out some of his personal favorites from days gone by. This story comes from October, 14, [...]

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