Special rules for Presidentially
declared disasters permit victims the option of deducting the loss in the current tax year or in the year immediately preceding the current tax year.
Absent a presidentially
declared disaster, the tax consequences of the destruction of, or damage to, a personal residence and its contents are covered under IRC Sec.
In the tables that present the findings from the completed interviews (see "Methodology" on page 151), the responses for presidentially
appointed inspector general offices are separated from those for the other inspector general offices (called designated IGs).
If the heads of the Reserve Banks were instead presidentially
appointed, we presume that they could be constitutionally removed only by the President.
I anticipate new battlefronts in view of the diminishing dollars for the major contractors," says Smith, who as chairman of the presidentially
appointed and congressionally mandated U.
appointed Chief Counsel for Advocacy advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policymakers.
Survivors of a presidentially
declared major disaster like Hurricane Irma can receive free legal help if they are unable to pay.
David Maxwell, who heads the state Department of Emergency Management, told Arkansas Business recently that the pace of presidentially
declared disasters has quickened.
However, this applies only to casualty losses occurring in Presidentially
declared disaster areas; see Sec.
IRC section 165(h) allows a taxpayer to treat the casualty losses as having occurred in the taxable year immediately preceding the year of the actual casualty in the case of presidentially
declared disaster areas.
Safavian resigned from his presidentially
appointed position just before he was arrested Sept.
Under such an approach, there would be a presidentially
appointed and Senate-confirmed agency head who would report to a board of directors composed of secretaries from key Cabinet agencies, such as the Treasury Department and HUD.