Accidents happen, disasters happen, the unfortunate happensbut do tax deductions for them happen?
Accidents happen, disasters happen, the unfortunate happens—but do tax deductions for them happen? (Although these may all be very unpleasant events, perhaps some good can come of them in the form of a tax or loss deduction). Describe one basic category of such deductions or losses, and provide us with an example of it as well. (As you know, an illustration often serves to make […]
