Federal Katrina Information

I have decided to become proactive: If you know anyone affected by Hurricanes Katrina or Rita, let them know that according to the Publication 17 of the Internal Revenue Service, under the heading "Nonbusiness Casualty and Theft Losses," that "Deductible casualty losses can redult from a number of different causes, including the following...Floods...storms, including hurricanes and tornadoes." All the victims needs to do is file their taxes and are entitled to claim the loss of their property. PLEASE INFORM THEM! Publication 17 can be ordered FREE OF CHARGE or viewed at http://www.irs.gov/pub/irs-pdf/p17.pdf. There is also the Katrina Emergency Tax Relief Act of 2005. For just as many that do know this, there are many more that do not! STAY INFORMED!