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Updated over 2 years ago on .
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Looking for a consultation regarding fire casualty and tax reporting
We had an unfortunate arson fire in our commercial shop last February. We received insurance payments, completed renovations, and re-rented the two shop bays. I have done our taxes for years and would just like to have a consultation with someone well-versed in casualties to be sure I have all the correct forms and calculations. It appears we will have a gain I would, of course, like to minimize!
Thank you,
Christine