Posts tagged as:

Hurricane-Katrina

War and Piece of Legislation

28 May 2007

Who can resist a war funding bill on Memorial Day? As we expected, a version of the war funding bill finally made it through Congress – and this time, it has a chance of escaping the presidential veto. The bill, with the concise and inauspicious title of “U.S. Troop Readiness, Veterans’ Care, Katrina Recovery, and [...]

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Tax Changes for 2006 (Pt 5)

10 March 2007

Mileage rates. I got to it, okay? Yes, this is #1 question I’ve been asked for the 2006 tax year. Take a deep breath. Here are the rates: The standard mileage rate for business use of a car, van, pick-up or panel truck is 44.5 cents per mile. The standard mileage rate for the cost [...]

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Tis the (Tax Bill) Season

9 December 2005

As previously reported, the Senate approved a version of the tax bill. Not to be outdone, the House did, too (yesterday). The problem? Er, they’re not consistent and it’s not clear when (and if) the two can be reconciled. The top priority of the House in what was a narrow victory, 234-197, seemed to be [...]

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Tax Revisions Push Through Senate

18 November 2005

A number of tax revisions were passed in the Senate, but are sure to face new scrutiny in the House. Among the revisions are: Increased income exemption levels in the Alternative Minimum Tax (AMT); Extensions for state and local sales tax deduction through 2006; Above the line deduction for qualified higher education expenses extended through [...]

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Some Federal Relief Is On the Way

8 September 2005

From irs.gov: Katrina Victims Will Have Until Jan. 3 to File and Pay Taxes, IRS Says IR-2005-96, September 8, 2005 WASHINGTON – Victims of Hurricane Katrina will have until Jan. 3, 2006 to file any returns, pay any taxes or make any deposits due, the Internal Revenue Service announced today. This extends and expands relief [...]

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So Time Really IS Money…

8 September 2005

From irs.gov: Treasury, IRS Announce Special Relief to Encourage Leave-Donation Programs for Victims of Hurricane Katrina IR-2005-97, Sept. 8, 2005 WASHINGTON — Department of the Treasury and Internal Revenue Service officials announced today special relief intended to support leave-based donation programs to aid victims who have suffered from the extraordinary destruction caused by Hurricane Katrina. [...]

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Swift Charity

6 September 2005

From irs.gov: IRS Expedites Charity Applications, Urges Use of Existing Charities IR-2005-93, Sept. 6, 2005 WASHINGTON — The Internal Revenue Service will provide an expedited review and approval process for new organizations seeking tax-exempt status in order to provide relief for victims of Hurricane Katrina. However, the agency encourages people to use existing organizations currently [...]

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We want to help!

2 September 2005

The Erb Law Firm would like to offer assistance to attorneys who are affected by Hurricane Katrina. Any attorneys in the affected area who need help in preparing federal extensions (tax or immigration) or sending notices to clients, please call our offices or email katrina@erblaw.com. If we can help, we will. Our thoughts and prayers [...]

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IRS Disaster Relief Toll Free Number

1 September 2005

Announced today: IRS Creates Disaster Relief Toll-Free Number IR-2005-88, Sept. 1, 2005 WASHINGTON — The Internal Revenue Service announced today the establishment of a special toll-free telephone number for use by taxpayers affected by Hurricane Katrina. People affected by Katrina who need help with tax matters can call 1-866-562-5227. Beginning today, taxpayers can call the [...]

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Tax Relief for Hurricane Victims

30 August 2005

From irs.gov: IRS Grants Tax Relief for Hurricane Katrina Victims IR-2005-84, Aug. 30, 2005 WASHINGTON — The Internal Revenue Service today announced special relief for taxpayers in the Presidential Disaster Areas struck by Hurricane Katrina. These taxpayers generally will have until Oct. 31, 2005, to file tax returns and submit tax payments. The IRS will [...]

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