Tax help for disaster victims - KWWL - Eastern Iowa Breaking News, Weather, Closings

Tax help for disaster victims

Posted:

CEDAR RAPIDS (KWWL)-- As tax deadlines approach, disaster tax assistance is available to help people affected by last year's floods, tornadoes and severe storms.

Saturday, Congressman Dave Loebsack will join an IRS specialist for a program to outline the ways Iowans can receive tax credits provided in the $4.6 billion Heartland Disaster Tax Relief Act.

The first tutorial is in Cedar Rapids at Westdale mall beginning 11 a.m. Saturday.

A second program will take place at 2 p.m. Saturday at the Coralville Public Library.

The Heartland Disaster Tax Relief Act was included and signed into law as part of the Emergency Economic Stabilization Act of 2008. IRS specialist Kristy Maitre will attend to answer questions about the tax assistance.

The tax provisions in the Heartland Disaster Tax Relief Act give individuals and businesses the long term resources they need to rebuild, and communities the support necessary to recover from last summer's disaster. The bill provides Iowa with the tools to help homeowners recover, reopen small businesses, rebuild infrastructure, and encourage investment in flood affected communities.

Online Producer: Michelle Caldwell

Powered by Frankly