September is National Preparedness Month. Unfortunately with hurricane season here and the ongoing threat of wildfires in some parts of the country, it is important for us to remind our clients to prepare for natural disasters and have an emergency plan in place.
All taxpayers, from individuals to organizations and businesses, should take time now to create or update their emergency plans. This plan should include securing and duplicating essential tax and financial documents, creating lists of property, and knowing where to find information once a disaster has occurred.
It is best if you keep critical original documents inside waterproof containers and in a secure place. Documents such as tax returns, birth certificates, deeds, titles, and insurance policies should also be duplicated and kept with a trusted person outside the area […]