IRS to Host Crumbling Foundations Webinar Oct. 24

At 10 a.m. on Wednesday, October 24, the IRS will host a free one-hour web conference on "Claiming Casualty Losses on Deteriorating Concrete Foundations Caused by the Mineral Pyrrhotite."

The web conference will include a discussion of the qualifying rules for claiming casualty losses related to deteriorating concrete foundations caused by the mineral pyrrhotite, including an overview of Rev. Proc. 2017-60 and the deductibility of payments after 2017 made to repair these foundations as found in Rev. Proc. 2018-14. Payments made in 2018 and beyond may still be deductible as casualty losses.

Closed captioning will be offered and there will be a live Q&A; CPE credit will not be provided.

Register and attend here.

Questions? Email the IRS.