To All Unisured or Under Insured Flood Victims
If you had uninsured losses from the March 2016 storms or the August floods, you are eligible to amend your 2015 Federal & State tax returns to recover your ax withholding or child credit not claimed when originally filed. If losses are extensive, we can go back as far as your 2013 tax rerun and recover any taxes paid
The IRS is also finalizing plans to allow flood victims to tap into retirement by allowing loans and hardship distributions and waiving the penalties. Hardship withdraws must be made by January 17, 2017.
The Louisiana Department of Revenue will be refund the sales taxes on personal contents lost oin the August floods starting August 29, 2016
In addition, the Louisiana Shelter at Home Program is also available for uninsured home owners and may provide up to $15,000 in funding to repair your home. The contact number for this program is 1-800-927-0216.
If we can be of further assistance, please contact our office at 504-367-3554 and schedule an appointment.
Ernest D. Kelly