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Mar 28, 2025What Casualty and Theft Losses Are Deductible?
Though the regulations can be convoluted, certain criteria allow for the deduction of casualty and theft losses. Usually, these losses are from harm or loss of property caused by unanticipated, abrupt occurrences like fires, storms, floods, theft, or accidents. Losses from CasualtiesWhen your property is damaged or destroyed by an unanticipated occurrence such as: To […]
adminMar 28, 2025Is It Still Possible to E-File My Return?
The tax returns for the current year and the previous two years can be filed electronically. Paper filing is mandatory for tax returns older than two previous tax years. This implies that you have to print, sign, and mail your tax return to the state or IRS. Before the end of the filing season, you […]
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