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The IRS allows deductions for certain disaster-related losses, but there are strict qualifications. First, the damage must result from a federally declared disaster, and Hurricane Helene qualifies.
A May 1, 2025, deadline to file 2023 tax returns exists for taxpayers affected by Hurricane Helene in all or parts of Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia.
Additional Federal Emergency Management Agency disaster relief is available on an application basis to individuals in the following North Carolina counties. Alexander Alleghany
Victims of hurricanes Helene and Milton can expect various forms of tax relief, including an extension to file taxes and help with emergency retirement plan withdrawals, the Internal Revenue ...
The Internal Revenue Service is also providing assistance to those living in FEMA-designated disaster areas. Taxpayers can call the IRS disaster hotline at 866-562-5227 for more information.
Taylor Swift donated $5 million to Feeding America's relief efforts for Helene and Hurricane Milton, which impacted Florida less than two weeks after Helene. [342] A surge in air traffic over the disaster area occurred due to relief efforts, with an estimated 300% increase in air traffic over western North Carolina alone.
Overall, there’s $110 billion for a number of disasters – Helene, Hurricane Milton, Typhoon Mawar, tornadoes and wildfires – within the American Relief Act 2025, also known as House ...
Senate Bill 6003 created the Hurricane Helene Interest Payment Fund and the Governor's Response and Recovery Fund. The $110 million interest payment fund covers interest for communities that took ...