When Disaster Strikes - Federal Tax Relief (On-Demand Webinar)
Provider: CeriFi Checkpoint Learning
Taxes
2 CPE Credits
Overview
QAS self study
IRS EA Federal Taxation
This on-demand webinar will explore both temporary and permanent federal tax relief provisions, including the recently enacted Federal Disaster Tax Relief Act of 2023, that help individual taxpayers and businesses recover financially from the impact of a disaster, especially when the federal government declares their location to be a major disaster area. Relief may include the postponement of certain tax-filing and tax-payment deadlines for taxpayers who reside or have a business in the disaster area, excludible qualified disaster relief payments, deductible casualty losses, and more. The discussion will also examine the federal tax treatment of individuals receiving qualified wildfire relief payments, or payments related to the 2023 train derailment in East Palestine.