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Sonoma Strong: Advice from our Enrolled Agent on Tax Issues for Home Owners Impacted by the North Bay Fires

Sonoma Strong: Advice from our Enrolled Agent on Tax Issues for Home Owners Impacted by the North Bay Fires

by ADMIN | Dec 11, 2017 | Uncategorized

Insurance has sent me a check for the loss of my house. Is it taxable? The answer to this and most tax questions is: It depends. There is a potential for the insurance payments to be taxable and it depends on the facts and circumstances of each case. Casualty Loss: If...

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