• Best Practices: Responding to an Immediate but Previously Unforseen Employee Compliance Threat
  • July 6, 2011 | Author: Robert E. Boston
  • Law Firm: Waller Lansden Dortch & Davis, LLP - Nashville Office
  • Individuals who suffered losses in the May 2010 floods in the federally declared disaster area that encompassed much of Western and Middle Tennessee have until April 18, 2011 to amend their 2009 federal income tax returns to claim their loss in 2009 rather than 2010. Amending 2009 returns would enable these individuals to take advantage of the more favorable rules for the deduction of disaster losses that were available in 2009.