When Hurricane Sandy hit in late October, over 60 million Americans were affected. That means that 1 in 5 Americans are facing some kind of recovery from the storm. If you are one of these many Americans that are facing material loss or damage, or were affected by this super-storm, you could be eligible for some tax relief. Following recent disaster declarations for individual assistance issued by the Federal Emergency Management Agency, the IRS announced November 2, 2012 that affected taxpayers in Connecticut, New Jersey and New York will receive tax relief. Other locations may be added in coming days based on additional damage assessments by FEMA.
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