Disaster recovery

The pace of natural disasters seems to be accelerating, prompting taxpayers and preparers to search for ways to deduct catastrophic losses.

What are the best strategies for clients looking to tap assets while minimizing penalties?

Advisors can help by being familiar with tax relief options that might be available to affected clients. Here's what to look for.

Advisors should educate themselves about the treatment of Medicare premiums, tuition fees and 401(k) distributions.

Alan J. Foxman looks into his crystal ball and predicts authorities will focus on these key areas.

When disaster struck, Titus Wealth Management used one tool to find all affected clients in 15 minutes.

When disaster struck, this tool helped Titus Wealth Management find affected clients in minutes.

Advisors must always be ready to reach out following natural disasters.

Clients could save significant money when they need it most.

How Hurricane Harvey and mentoring efforts helped two advisors reframe their thinking about their industry and themselves.

The storm devastated Puerto Rico, which has seen a surge of client complaints.

Advisor Jonathan Swanburg has insights for advisors with clients affected by natural disaster.

Early withdrawals from employer-sponsored plans can derail retirement, but may be necessary.

The hurricane poses staffing and data challenges on firms with large facilities in its path.

“You can’t serve the public if your employees are shellshocked,” said one top banker, comments echoed by other institutions dealing with the aftermath of Hurricane Harvey.

The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by making it easier for 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid victims.

Evacuating floodwaters with his pregnant wife, two children and a “very angry cat,” an advisor gets a personal reminder that the people he serves are a lot more than just names and numbers.

The agency will allow some Texas residents to file certain individual and business tax returns and make some tax payments as late as Jan. 31.

Disaster survival tips from Texas-based advisor Rick Woolfolk, who is also a Civil Air Patrol representative for the U.S. Air Force.

Financial advisors on the East Coast have solid reasons to be worried about Hurricane Sandy – and even those far from the wreckage should be concerned, too. Advisors’ and clients’ safety rank first, but advisors also have to be concerned about their offices and property, as well as those of their clients’ and their clients’ relatives. As vital as proper insurance coverage is, it often will not cover all losses, nor losses from the disruption of business. How prepared are you and your firm to deal with a major disaster, like Sandy? Far too many advisors have no disaster recovery plan to rely on for times like this. Here are 5 questions to consider regarding you, your firm and your clients after the worst of the hurricane strikes.