What special benefits are afforded to losses from Presidentially declared disasters (as compared to normal casualty losses?)

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What special benefits are afforded to losses from “Presidentially declared disasters” (as compared to normal casualty losses?)

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Question Posted: Jun 14, 2012 08:07 AM

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What special benefits are afforded to losses from Presidentially declared disasters (as compared to normal casualty losses?)

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Presidential declared disasters mean any disasters where the property is located resulted by the det...View the full answer

Income Tax Fundamentals 2013

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