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...
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 years to come. As your CPA and trusted...
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...
Following the destruction resulting from Hurricane Harvey, many employees are finding themselves in need of financial assistance. Employers can make payments to their employees to reimburse or pay for certain expenses in connection with a “qualified disaster” and...
A casualty is the damage, destruction or loss of property resulting from an identifiable event that is sudden, unexpected or unusual. Taxpayers who suffer an economic loss due to a natural disaster like Hurricane Harvey can claim a casualty loss deduction on their...
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...
Desroches Partners, LLP, located in West Houston and North Dallas, offers a complete range of tax, assurance and consulting services to a diverse portfolio of clients.