Chile Earthquake Designated as a Qualified Disaster

Admin — Tue, 09 Mar 2010 20:45:57 +0000

Qualified disasters include Presidentially declared disasters and any other event that the Secretary of the Treasury determines to be of a catastrophic nature. The IRS has determined that the earthquake that occurred in Chile in February 2010 is an event of a catastrophic nature for purposes of the federal tax law.

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IRS Qualifies Haiti As A Disaster

Admin — Sat, 23 Jan 2010 12:20:13 +0000

The Internal Revenue Service today issued guidance that designates the earthquake in Haiti in January 2010 as a qualified disaster for federal tax purposes. The guidance allows recipients of qualified disaster relief payments to exclude those payments from income on their tax returns. Also, the guidance allows employer-sponsored private foundations to assist victims in areas [...]

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Chile Earthquake Designated as a Qualified Disaster

IRS Qualifies Haiti As A Disaster