{"id":1215,"date":"2012-11-12T23:29:39","date_gmt":"2012-11-12T23:29:39","guid":{"rendered":"http:\/\/ua-cpas.com\/?p=1215"},"modified":"2012-11-12T23:29:39","modified_gmt":"2012-11-12T23:29:39","slug":"damaged-by-hurricane-sandy-let-your-employer-know","status":"publish","type":"post","link":"https:\/\/www.ua-cpas.com\/blog\/index.php\/2012\/11\/12\/damaged-by-hurricane-sandy-let-your-employer-know\/","title":{"rendered":"Damaged by Hurricane Sandy? Let Your Employer Know"},"content":{"rendered":"<p>The IRS has alerted employers and other taxpayers that because Hurricane Sandy is designated as a qualified disaster for federal tax purposes, qualified disaster relief payments made to individuals by their employer can be excluded from taxable income. Qualified disaster relief payments include:<\/p>\n<ul>\n<li>Amounts to cover necessary personal, family, living or funeral expenses that were not covered by insurance<\/li>\n<li>Expenses to repair or rehabilitate personal residences or repair or replace the contents to the extent that they were not covered by insurance<\/li>\n<\/ul>\n<p>Another result of the Qualified Disaster status is that employer-sponsored private foundations may provide disaster relief to employee-victims without affecting their tax-exempt status.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hurricane Sandy has been designated as a qualified disaster by the IRS for federal tax purposes. As a result, qualified disaster relief payments made to individuals by their employer can be excluded from taxable income.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,22,23],"tags":[115,157,198],"class_list":{"0":"post-1215","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-non-profits","7":"category-tax-tips-for-individuals","8":"category-taxes","9":"tag-individual-tax-tip","10":"tag-non-profits","11":"tag-tax-update","12":"entry"},"_links":{"self":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=1215"}],"version-history":[{"count":0,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1215\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=1215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=1215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=1215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}