October 10, 2017

Disaster Tax Relief

On September 29th, President Trump signed the Disaster Tax Relief Act, intended to “provide targeted tax relief for taxpayers impacted by Hurricanes Harvey, Irma and Maria.” This new law addresses the immediate needs of disaster victims as they rebuild their homes and … Continue reading

September 22, 2017

Recovering from a flood

In light of recent events (Hurricane Harvey, specifically), we thought it would be helpful to share these resources on disaster recovery. When a house floods, it’s the places you can’t see (under floors, inside of walls, behind cabinets) that are most … Continue reading

September 18, 2017

Helping through Harvey

Desroches Partners is firmly at your side For many of us in Houston and along the Gulf Coast, Hurricane Harvey was a new experience, and one we could have done without. We will likely be dealing with its repercussions for … Continue reading

September 13, 2017

Hardship Distributions and Plan Loans

Internal Revenue Service Announcement 2017-11 eases the requirements for loans and hardship distributions from qualified employer retirement plans for participants who have been impacted by Hurricane Harvey. A distribution to a current or former employee from a tax-qualified retirement plan … Continue reading

September 9, 2017

FEMA Assistance for Harvey

Hurricane Harvey and the ensuing flooding was a wide-scale disaster with serious economic repercussions. The Federal Emergency Management Agency (FEMA) has implemented a number of programs to help its victims get back on their feet. As your CPA, we’re available … Continue reading