Kiplinger

Tax Tip: How to Deduct Property Damage Caused by Hurricane Sally

If you live in Hurricane Sally's wake, your family's personal safety was your number one concern during the storm. But once the hurricane passes, your primary concern might be dealing with property damage from flooding or high winds. If that's the case, the tax law can offer some help.

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger2 min read
Stock Market Today: Dow Officially Enters a Bear Market After Monday's Slide
Selling in the stock market picked right back up Monday, and despite a brief mid-morning push into positive territory, the major indexes still ended lower.  "Despite a quiet global economic data front, this weekend and Monday morning have been anythi
Kiplinger4 min read
Got Crypto? The IRS Really Wants to Know
The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven’t run for the hills, it’s worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but th
Kiplinger3 min read
Using Your 401(k) to Delay Getting Social Security and Increase Payments
Although you can start collecting Social Security at age 62, you can get much higher monthly payments if you wait as long as age 70. But many people want to or must retire before 70. If you’re one of them, consider a possible strategy, backed by rece

Related Books & Audiobooks