Disaster recovery webcast series – Potential tax impacts of hurricanes harvey and irma recovery

Oct 04, 2017 02:00

Webcast overview:

We hope you can join us for the third installment in a series of Webcasts focused on disaster recovery tax issues.

The recent devastation resulting from Hurricanes Irma and Harvey underscores the importance of understanding how and when companies experiencing casualty losses can claim federal and state income tax deductions for those losses. We will also discuss how these companies can defer any gains realized from the recovery of insurance proceeds or other compensation for damaged or destroyed property.

Join us on this Webcast where KPMG professionals will discuss:

  • Overview of federal disaster areas for Hurricane’s Harvey and Irma
  • Federal and state casualty losses – section 165(a)
  • Involuntary conversions (“casualty gains”) – section 1033
  • Q&A

Visit KPMG's dedicated tax relief for disaster recovery efforts Web page for the latest news and practical guidance in the wake of a natural disaster.


James Atkinson

James Atkinson

Principal, Washington National Tax, KPMG (US)

+1 713 319 3190
Paul Mundwiller

Paul Mundwiller

Partner, Business Tax Services, KPMG LLP (US)

Holly Belanger

Holly Belanger

Partner, Passthroughs Group, Washington National Tax, KPMG LLP (US)

Dan De Jong

Dan De Jong

Senior Manager, Tax, KPMG (US)

+1 (202) 533 3548