Victims of Superstorm Sandy May Be Able To Exclude Assistance Payments From Taxable Income
A little known Code section may save you tax dollars if you receive assistance for damages suffered in Hurricane Sandy.
https://www.forbes.com/sites/anthonynitti/2012/11/01/victims-of-superstorm-sandy-may-be-able-to-exclude-assistance-payments-from-taxable-income/
