Tag Archives: Hurricane Sandy and Disaster Relief

IRS Warns Consumers of Possible Scams Relating to Hurricane Sandy Relief

It is natural for us to want to help those individuals that have suffered.  We see time and time again, how folks in New Jersey ND New York band together to give during tumultuous tragedies.  But unfortunately there are those ruthless and malicious people who seek to take advantage of this. The Internal Revenue Service issued a consumer alert about… (more…)

Tax Relief for Victims of Hurricane Sandy in New Jersey

Victims of Hurricane Sandy that began on Oct. 26, 2012 in parts of New Jersey may qualify for tax relief from the Internal Revenue Service. The President has declared Atlantic, Bergen, Burlington, Camden, Cape May, Cumberland, Essex, Gloucester, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Salem, Somerset, Sussex, Union and Warren counties a federal disaster area. Individuals who reside… (more…)

IRS Temporarily Suspends Income Limitation for Qualified Housing for Hurricane Sandy Victims

As part of the administration’s continued support for states and local partners impacted by Hurricane Sandy, the Treasury Department and the Internal Revenue Service today announced that they will waive low-income housing tax credit rules that prohibit owners of low-income housing from providing housing to victims of Hurricane Sandy who do not qualify as low-income. The action will expand the… (more…)