Chinese Drywall » tax relief chinese drywall http://helpchinesedrywall.com Help Chinese Drywall - For the latest news on Chinese Drywall in South Florida! Tue, 05 Jan 2010 21:51:11 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Senators seek tax relief for Chinese drywall victims http://helpchinesedrywall.com/2009/06/18/senators-seek-tax-relief-for-chinese-drywall-victims/ http://helpchinesedrywall.com/2009/06/18/senators-seek-tax-relief-for-chinese-drywall-victims/#comments Thu, 18 Jun 2009 21:06:47 +0000 Larry http://helpchinesedrywall.com/?p=315 Three U.S. senators, including Florida Democrat Bill Nelson, and a U.S. congressman have written to the Internal Revenue Service asking that costs incurred by homeowners who have fallen victim to Chinese drywall should be deductible for federal tax purposes.

The letter, sent Tuesday, asks the IRS to clarify whether section 165(h) of the tax code — which allows taxpayers to deduct “casualty losses” suffered as a result of an unexpected event such as a fire, storm or theft — could apply Chinese drywall victims.

http://www.heraldtribune.com/

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