Federally declared disasters come with special tax provisions and benefits. This course selects one federally declared disaster and walks step-by-step through §7508A tax deadline postponements, qualified disaster recovery distributions, and casualty loss rules with respect to that disaster, including preparation of any required IRS forms.

Learning Objectives

  • Describe the operation of §7508A tax deadline postponements in a federally declared disaster area.
  • Determine if a retirement distribution is a qualified disaster recovery distribution and its federal tax treatment.
  • Apply the casualty loss deduction provisions to a disaster scenario.

Education Information
IRS Program Number: NMVBP-T-00293-24-S
Credit hours: 1 NASBA CPE / 1 IRS CE
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: QAS Self-Study (NASBA); On Demand (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)

Information can be found quickly by searching key terms in the text/PowerPoint using the built-in search feature.

Course expires one year after purchase.

Instructor: Thomas Gorczynski, EA, CTP, USTCP Learn more about our instructors here.

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax EducatorsClick here for more information regarding our refund, education and complaint policies. 


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