Disaster Relief for Washington Flood Victims

Tuesday, February 24, 2009
9:30 am - 11:00 am Pacific Time

The Internal Revenue Service, U.S. Small Business Administration and the Federal Emergency Management Agency invite you to attend a FREE webinar on disaster assistance.

Did you know you may be able to deduct the loss or partial loss of your home, household goods, and motor vehicles from the flood damage on your individual federal income tax return? Hear about the special tax law provisions that can help taxpayers and businesses recover financially from the impact of a disaster, including new rules for property losses in federally declared disaster areas.

Low interest disaster loans from the U.S. Small Business Administration (SBA) are the primary source of money for the repair or replacement of privately owned disaster damaged property for homeowners, renters, businesses of all sizes and private, non-profit organizations. These disaster loans cover underinsured and otherwise uncompensated losses and do not duplicate benefits of other agencies or organizations.

Speakers from SBA, FEMA and IRS will present information on the following topics:
Federal Tax Relief Available to Taxpayers in a Disaster Area
Information About Federally Declared Disaster Areas
Reporting Disaster Area Losses
IRS Disaster Assistance and Emergency Relief Program
SBA Disaster Assistance Program
FEMA Disaster Assistance

This Webinar will use ReadyTalk, the Small Business Administration's multi-media training tool. ReadyTalk allows you to attend valuable training from the convenience of your home or office at no cost to you. It's easy to use!

To register, click here: https://cc.readytalk.com/r/1u6iuxyfqi5lw

Once registered, you will receive a confirmation email with the instructions on accessing both the phone and web portions of the seminar.

Enrolled Agents are entitled to CPE Credit; other payroll and tax professionals may qualify depending on the requirements of their organizations.

NOTE: If you are unable to attend, but would like to view and listen to a recording of the webinar, please send an email to SL.Northwest@irs.gov with “Recording” in the subject line and after the webinar we will send you a hyperlink which will allow you to view and listen to it on a computer with an internet connection.