内容摘要：To be sure, the Fed also said it appreciates that risks to the economy are rising because of tariffs, which could both weaken the job market and push inflation higher.

To be sure, the Fed also said it appreciates that risks to the economy are rising because of tariffs, which could both weaken the job market and push inflation higher.

“When we look at a loss, it’s often damage to your home, furnishings inside your home, vehicles, that kind of thing,” Flores said. “Most of the time, people will have home insurance and auto insurance, and file claims. That’s the first step. The tax deduction is for loss that’s not paid for or reimbursed by your insurance.”The IRS calls this kind of disaster relief “casualty loss.” Claiming casualty loss doesn’t result in dollar-for-dollar reimbursement, but it does lower your tax burden, which can mean more cash to help pay for recovery.

, which you include when you file your return, walks you through the relevant steps for calculating your casualty write-off.Victims of disasters may deduct their losses in either the year they suffered the loss or in the previous year — in that case, by filing an amended return.In the wake of a disaster, it’s normal to feel vulnerable and to listen to voices that promise relief. But scammers often target disaster victims for exactly this reason.

“Taxpayers should be cautious of unsolicited phone calls, emails or texts claiming to be from the IRS or relief agencies,” said Erickson. “The IRS never initiates contact via email, text, or social media to request sensitive information. When in doubt, taxpayers should verify correspondence by calling official numbers directly.”According to the IRS, you should watch out for:

— Big paydays: The promise of more money than you think sounds reasonable. Bad advisers may make outlandish statements about available credits.

— Threats and demands: Any pressure to pay for tax help “now or else,” mentions of arrest or deportation, or refusals to let you question or appeal the taxes they say you owe.Andrew Warren, senior associate for policy and research at the Financial Health Network, who studies the financial circumstances of Americans with disabilities, said that the vast majority of people

did not know these accounts existed.“Less than 1% of eligible individuals have these accounts,” Warren said. “Our research show that one of the major barriers to becoming financially healthy for this vulnerable group is asset limits. But there’s an information disconnect between caseworkers and direct services providers on the ground and (administrators of ABLE accounts).”

Here’s what to know:Two online resources —