Posts Tagged ‘tax rule’

New IRS rule offers tax relief to drywall victims

by Amy McCullough Published: October 7,2010

Tags: drywall, IRS, Katrina, tax rule

Source: Press release Tax Agency Announces Instructions to Help Offset Costs of Repairing Corrosive Drywall WASHINGTON, D.C. – U.S. Senators Thad Cochran and Roger Wicker (R-Miss.) today suggested that Mississippians consult a new federal procedure that provides favorable tax relief for property losses associated with corrosive drywall. The Internal Revenue Service (IRS) has issued guidance […] [...]

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