Hurricane Sandy Tax Relief
Employer Disaster Relief Payments
Qualified disaster relief payments made to individuals by their employers or any other person may be excluded from those individuals’ taxable income. Employer-sponsored private foundations may provide disaster relief to affected employees without endangering their tax-exempt status.
Note If you need professional help with "Hurricane Sandy Tax Relief" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.