Disaster Recovery Resources
Recent Pronouncements
Tax Relief Guidance: FTB | IRS (issued Nov. 20, 2008)
FEMA Declared Disaster Areas (issued Nov. 18, 2008)
Board of Equalization [PDF] (issued Nov. 17, 2008)
Insurance May Cover Living Expenses for Mandatory Jesusita Fire Evacuees (May 7, 2009)
Free Disaster Relief Webcast: Disaster Tax Rules You Need to Know
This California CPA Education Foundation presentation features disaster recovery experts Anna Maria Galdieri, CPA and Joe Calderaro of the IRS, who discuss understanding insurance policies, the claims process and specific disaster casualty loss issues like personal losses and appraisals, among other issues. (Originally aired Nov. 15, 2007)
Financial Empowerment Podcast
The October 2007 edition of Financial Empowerment offers the public practical advice on how to prepare for the worst. Disaster Recovery Documents
Community Assisting Recovery Inc., a Southern California-based nonprofit organization, provides documents and information that can be downloaded at no cost to help disaster victims take care of issues such as taking a personal property inventory and filing an insurance claim.
FTB: Claiming a Disaster Related Loss
Instructions on how to claim (on a California tax return) a casualty loss from a disaster that occurred in an area declared a disaster by the president of the United States.
AICPA's Updated Disaster/Casualty Loss Tax Practice Guide
The AICPA Tax Section has updated (January 2009) its Casualty Loss Practice Guide to assist practitioners in dealing with certain tax problems that arise when a client is affected by a natural disaster or other loss situation.
Disaster Relief: Volunteer Before Disaster Strikes
Volunteer for CalCPA's disaster recovery program before disaster strikes by updating your personal profile.
Disaster Tax Tips: Roadmap of Changes to Tax Code
These disaster-related tax tips can help reduce burdens on disaster victims--and ensure that the CPAs advising them achieve the desired tax results.
Sifting Through the Rubble: Disaster Losses & Gains [PDF]
This guide details Sec. 1033, PLRs and Revenue Rulings issued by the IRS addressing some of the questions raised by the Oakland firestorm.
Disaster Resources From the Red Cross
The American Red Cross provides information on shelter locations, information on affected areas and disaster safety information. The Red Cross hotline is (866) 438-4636. You can register online for services from your local Red Cross Chapter.
SBA Disaster Recovery Resources
SBA Disaster Loan Fact Sheet
Federal Emergency Management Agency: Assistance and wildfire and earthquake information
BOE-27, Penalty and Interest Relief for Disaster Victims [PDF]
BOE-468, Request for Extension of Time in Which to File a Tax Return [PDF]
Wildfire Insurance Tips From the California Department of Insurance
CPA Disaster Recovery Planning Guide [PDF]
Produced by CalCPA's Management of an Accounting Practice Committee
AICPA, NEFE Disaster Recovery Guide
More Resources
On Your Guard: Are You or Your Clients Prepared for When Disaster Strikes? California CPA, May 2007
Lessons Learned: Tips on Disaster Recovery California CPA January/February 2004
When Disaster Strikes California CPA December 2003 The Need for the CPA During the Client's Disaster Recovery (PPT)
Advance Crisis Planning Can Help Minimize Losses Is Your Business Prepared for the Worst? Journal of Accountancy, April 2002
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