Deducting Casualty Losses
Deducting Casualty Losses
Date
2006-01-20
Authors
Harl, Neil
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Altmetrics
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Iowa State University Digital Repository
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Iowa State University Digital Repository
Abstract
Although 2005 was a heavy period for casualty losses, farm and ranch operations can encounter casualty losses in almost any year. This article focuses on casualty losses related to floods, wind and hurricanes and limits on deductibility.