Top 10 Property & Casualty Market Conduct Issues of 2019

Due to the wildfires and straight-line winds that began on September 7, 2020 in parts of Oregon, the Internal Revenue Service (IRS) announced that affected taxpayers will receive tax relief.

Due to the damage caused by Hurricane Laura that began on August 22, 2020 the Internal Revenue Service (IRS) announced that affected taxpayers will receive tax relief.

Due to the damage caused by Hurricane Sally that took place on September 14, 2020 the Internal Revenue Service (IRS) announced that affected taxpayers will receive tax relief.

On September 2, 2020 the IRS released Notice 2020-68 which provides guidance in the form of questions and answers with respect to certain provisions of the SECURE Act of 2019 and the Bipartisan American Miners Act of 2019. Specifically, this notice addresses many of the IRA related provisions.