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Bowen Accounting & Tax

  • (Lynda)
  • 2024.05.01
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Losses incurred by the taxpayer, his/her partner, or dependents from a disaster attributable to force majeure are deductible. No deduction is allowed for any portion of such a loss for which insurance coverage benefit or relief has been received. To say deductions, one ought to apply to the Taxation Administration for an investigator to appraise the losses within 15 days after the disaster's incidence. If you need to modify your firm’s current offerings, Thomson Reuters has you coated. Thomson Reuters Observe Forward® is this system of choice for quite a few accounting firms looking to make the shift into tax or accounting advisory services. Every Practice Forward guide is skilled in successfully guiding firms like yours through the Practice Forward process. Begin your journey to tax advisory services in the present day.


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