The 2006 hurricane season starts June 1 and ends November 30. The Internal Revenue Service has prepared publications with useful information in the event a hurricane or other natural disaster affects your business.
Publication 2194B has a checklist of important documents needed when requesting IRS assistance after a natural disaster. Publications 547 outlines special IRS rules that apply when reporting a loss in a “Presidentially” declared disaster area, and Publication 584B contains worksheets to calculate business losses resulting from a disaster.
The publications are available as free downloads from the IRS website, www.irs.gov.
Publication 2194B – Disaster Losses Kit For Businesses
Publication 547 – Casualties, Disasters, and Thefts
Publication 584B – Business Casualty, Disaster, and Theft Loss Workbook
Form 4684 – Casualty and Theft
All forms and publications are in the PDF format and should be compatible with the latest version of the Adobe Reader.