Disaster Tax Relief
Background
联邦紧急事务管理局(FEMA)宣布每年发生多达75起重大灾害, and over 500 major disasters have been declared since 2005. Yet, in almost all of those communities affected by floods, hurricanes, tornadoes and other natural catastrophes, few were granted the federal tax relief they needed.
美国注册188bet亚洲真人体育下载(AICPA)担心纳税人在灾难发生后需要立即进行房屋维修和重新开业时所面临的困难. In some cases, such as Hurricane Sandy, residents and businesses have yet to receive any form of tax relief. The current system does not provide fair and reliable tax assistance for disaster victims.
That's why we are out front seeking solutions, 建议国会提供永久的税收优惠,当联邦应急管理局宣布一个地点为联邦灾区时,税收优惠将自动生效.
This way, victims in that area can always count on reliable and timely tax relief, and their CPAs can better advise them on successful strategies. “现在,我们只能猜测,”美国注册188bet亚洲真人体育下载税务执行委员会主席特洛伊·刘易斯(Troy Lewis)作证说.
AICPA Position
For example, 美国注册188bet亚洲真人体育下载(AICPA)建议国会允许企业主和个人有足够的时间来索赔损失,将净经营损失的结转时间延长至5年. 这也将帮助纳税人修改之前的申报表,以获得更多的退税金额,他们可以用这些金额来帮助重建. We also propose giving taxpayers more time (5 years) to replace their property. Under current law, disaster victims are not able to defer gains from insurance settlements after two years and must pay income taxes on these proceeds; in other words, they are taxed on the cost of replacing their home or business. 房屋受损或被毁的个人通常需要从保险公司或政府那里获得额外的资金. That's why the AICPA recommends that Congress allow them to withdraw up to $100,000 from their retirement plan (without tax) and repay that amount within five years, 并从应纳税所得额中排除非经营性债务的注销债务收入. |
Tax Advocacy Efforts
美国注册188bet亚洲真人体育下载积极监督和倡导立法,提供与灾害有关的税收减免. Below are a few milestones:
- August 29, 2023 – 美国注册188bet亚洲真人体育下载提供建议更新指导和澄清灾害税收救济
美国注册188bet亚洲真人体育下载提供意见和建议,更新指导和澄清国税局在有关救灾税收的几个领域. - June 12, 2023 – AICPA Supports the Casualty Loss Deduction Restoration Act
AICPA submitted a letter of support for the Casualty Loss Deduction Restoration Act, 废除《188bet亚洲真人体育下载》(Tax Cut and Jobs Act)对2018-2025纳税年度非联邦宣布的灾难造成的个人伤亡损失扣除额的暂停规定, subject to a maximum deduction of $50,000 per year for tax years 2018-2025. In addition, 拟议的立法将延长2018-2025纳税年度因可扣除的人身伤亡损失而提出税收抵免或退税申请的时效期限. AICPA also suggested several improvements to the legislation in addition to noting our 11 recommendations for disaster tax relief as well. - June 9, 2023 – AICPA Supports Legislation to Provide Filing Relief for Natural Disasters
美国注册188bet亚洲真人体育下载支持立法,扩大国税局的权力,在国家宣布的紧急灾害后给予税收减免. It would also expand the mandatory federal filing extension from 60 days to 120 days, which provides taxpayers with additional time to file taxes following a disaster. - March 17, 2023 – 美国注册188bet亚洲真人体育下载(AICPA)的意见,要求对所有未来的灾害进行退款和抵免
美国注册188bet亚洲真人体育下载(AICPA)向财政部和国税局提交了意见,要求国税局实施上述减免措施 Notice 2023-21 关于允许对所有联邦宣布的灾难进行税收抵免或退款的回顾期. - February 7, 2023 – · 2023美国注册188bet亚洲真人体育下载税收立法建议汇编-简化和技术建议
As part the AICPA tax legislative compendium to Congress, AICPA suggested 关于在救灾情况下帮助纳税人的永久性和统一规定的11项建议. - June 2, 2022 – The AICPA submitted “两党退休法案语言永久取消对受自然灾害影响的个人的经济处罚 .该条款将排除对灾难事件受害者提款不超过22美元的立即征税,从合资格的退休计划或个人退休帐户中提取,并在三年内偿还.
- November 8, 2021 - The AICPA submitted comments on S. 3173, the Claiming Losses After Disasters Act. Specifically, we support the goal encapsulated in this bill, 永久性地为受联邦政府宣布的重大灾害影响的灾民提供额外的税收减免,以补偿未由保险赔偿的损害和损失.
- October 20, 2021 – The AICPA supports S. 2583, the Disaster Retirement Savings Act, 以及永久取消对受自然灾害影响的个人的经济处罚,这些人选择使用退休基金来支付与这些灾害有关的意外费用.
- September 15, 2021 –The AICPA expressed strong support for “S. 2748, the Filing Relief for Natural Disasters Act”, 该法案将扩大国税局在国家宣布灾难和紧急状态后给予税收减免的权力. The bill would also expand the mandatory federal filing extension from 60 days to 120 days, which provides taxpayers with additional time to file taxes following a disaster.
- June 2, 2021- The AICPA has expressed strong support or the bipartisan "Filing Relief for Natural Disasters Act" introduced by Representatives Judy Chu (D-CA) and John Katko (R-NY). 该法案将扩大美国国税局(IRS)的权力,允许在国家宣布发生灾害和紧急状态后减免纳税申报. 该法案还将强制性联邦提交期限从60天延长至120天, which provides taxpayers with additional time to file their taxes following a disaster.
- July 17, 2017 – AICPA most recent submission of our disaster relief provisions in response to Chairman Hatch’s (Senate Finance Committee) request for tax reform comments. 我们在个人税制改革信的第5项中提交了所有10项灾难建议.
- 2015 - AICPA Brochure on “Tax Relief for Natural Disaster Victims.“这是在国会山用来向各州代表办公室分发我们的10项永久性规定的. September 24, 2015 – AICPA letters of support (AICPA letter to Reed) (AICPA letter to Vitter) for Title III ( permanent provisions ONLY) of the National Disaster Tax Relief Act of 2015 (H.R. 3110 & S. 1795).
- July 16, 2015 - Rep. Tom Reed introduced the National Tax Relief Disaster Act that incorporates many of the AICPA's proposals.
- Nov. 18, 2014 - AICPA Tax Executive Committee Chair Troy Lewis testified before a Senate small business panel, explaining the impact that the current system is having on taxpayers and their advisers.
- Nov. 22, 2013 - The AICPA provided recommendations for permanent disaster tax relief to the House and Senate tax-writing committees.
Additional Information & Insights
Related Resources
- State Tax Filing Guidance for 2022, 2021, and 2020 Natural Disasters
- 美国注册188bet亚洲真人体育下载关于冠状病毒大流行期间州和地方税的行政、申报和支付减免的建议
- Chart of 2020 States’ Tax Filing Guidance for Coronavirus Pandemic
- 2018 State Tax Filing Guidance for Hurricanes Florence and Michael
- AICPA Disaster Tax Relief Guidance and Resources
- Chart for 2017 State Filing Relief 我们正在与其他组织合作,编制一份各州对最近飓风的救济清单,并与各州注册188bet亚洲真人体育下载分享这些信息,以防他们有兴趣寻求更广泛的救济.
Impact of Uncertainty, Testimony by Troy Lewis (Video)
Tax Relief for Disaster Victims: We Can Do Better, AICPA Insights, January 2014
Predictable Tax Relief Needed for Unpredictable Events, CPA Advocate, Feb. 2014
Visit the AICPA Casualty and Disaster Relief Resource Page for additional information.