Hurricane Harvey & Irma brought destruction, torrential rain and devastating floods to our neighbors in the coastal region of Texas, Louisiana, Florida, Georgia and surrounding areas. The storm and associated flash flooding brought damage and loss to both homes and businesses in the affected areas.
The CWA team has those affected by this storm in our thoughts and prayers. We have created this resource page that will be continuously updated to offer the latest news/resources that those affected may need. Please visit it often to stay current on changing tax laws, insurance deadlines and other notices that come out pertaining to individuals in the affected areas.
If you were not affected, yet looking for ways to help the local dental community, please consider making a donation through the 3to1 Foundation. All donations made online or by check will fund the Foundation’s efforts in the coming weeks to help employees of dental practices that may be displaced or without income for a period of time.
Recent Tax & Accounting News:
– Tax Relief for Victims of Hurricane Harvey in Texas: IRS gives tax relief to victims of Hurricane Harvey in Texas. Parts of Texas now eligible. Extension filers have until January 31, 2018 to file.
– Tax Relief for for Victims of Hurricane Irma in Florida: Like Harvey, extension filers have until January 31, 2018 to file. Additional relief planned.
– Tax Relief for for Victims of Hurricane Irma in Georgia: Extension filers have until January 31, 2018 to file. Additional relief planned.
– Texas Department of Insurance’s “Help After Harvey“ resource can guide you with the information, guidance and key contacts you may need to report property damage.
– Texas Property Owners Should File Written Claims Before Friday, Sept. 1, 2017: a new law under House Bill 1774 takes effect that governs Texas insurance claims. To take advantage of the enhanced penalties of the current law, no later than Thursday, Aug. 31, 2017, policyholders must (1) file claims in writing (which includes electronic mail), and (2) advise the insurance company of the facts relating to the claim.
– Retirement plans can make loans, hardship distributions to Hurricane Harvey victims: In an Announcement and accompanying News Release, IRS has announced that employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Harvey
– Beware of Fake Charity Scams Relating to Hurricane Harvey
–New Benefits is offering free virtual care services to residents of Texas and Louisiana who were evacuated or affected by Hurricane Harvey, at no cost. Please share this information with your clients, friends, family. Details on virtual care services: MDLive Flyer, Teladoc Flyer
3to1 Foundation- Hurricane Relief Fund
CWA has many clients in and around these areas that may have already been impacted. Even after the storm subsides, homes, businesses and lives will take time to rebuild. We wanted to help in any way possible, and we know others do too.
The 3to1 Foundation has established a relief fund to accept tax deductible donations, which will be used to provide financial assistance to those devastated by Hurricane Harvey and Irma. For others looking to help, we are accepting donations in an effort to offer some monetary relief to those in need.
All donations made online or by check will fund the Foundation’s efforts in the coming weeks to help employees of dental practices that may be displaced or without income for a period of time. CWA has committed to matching up to $5000 of donations.
HOW TO DONATE:
Checks Payable to: 3to1 Foundation/Hurricane Relief
Mail: 3to1 Foundation; attn: Michele Mulholland
6900 N. Dallas Parkway, Suite 500, Plano, TX 75024