Rioting Damage at Your Business? You May be Able to Claim Casualty Loss Deductions

The recent riots around the country have resulted in storefronts, office buildings, and business properties being destroyed. Some of these businesses lost products after looters ransacked their inventory. Windows were smashed, property was vandalized, and some buildings were even burned to the ground. This damage was especially devastating because businesses were reopening after the COVID-19 […]