CCH Offers Timely, New Webinar: Tax Treatment of Casualty and Disaster Losses

(RIVERWOODS, ILL., November 9, 2012) – With the cleanup under way in the wake of Hurricane Sandy, CCH is offering a webinar, Tax Treatment of Casualty and Disaster Losses, to help professionals provide tax relief to clients who suffered devastating losses. CCH, a Wolters Kluwer business is a leading global provider of tax, accounting and audit information, software and services (

This two-hour online CPE webinar will be held on Thursday, November 15 at 1:00 p.m. Eastern Time. It will provide participants with practical guidance and advice on how disasters such as Sandy affect clients' tax returns; an understanding of the reporting and substantiation requirements; and the very latest developments from the IRS in the area of casualty losses. The program will be presented by highly-regarded tax practitioner and educator, Steve Siegel, JD, LLM.

Featured topics covered in the program include:

  • What is a Casualty Event;
  • Sudden Events vs. Progressive Deterioration;
  • Specific Events – Casualty or Not;
  • Calculation of Losses and Gains from Casualty Events;
  • Where to Report and How to Substantiate Casualty Events – Form 4684;
  • Reporting Business Losses;
  • Reporting Personal Losses;
  • Deferring Recognition of Casualty Gains – Replacement Property Rules; and
  • Special Rules for Presidentially Declared Disaster Areas.

Who Should Attend?

The program is designed for tax partners, managers and staff, CPAs, enrolled agents, tax return preparers, tax attorneys and other practitioners who prepare income tax returns and advise clients on tax matters.

How CCH Seminars Work

CCH’s seminars are live and interactive with opportunities to ask the presenter questions and require nothing more than an Internet connection to access. For the $249 per-site fee, an unlimited number of participants at a site can get up to speed and in-the-know on important topics.

CPE Credit

Participants receive two hours of CPE credit. One CPE certificate is provided with each site registration. CPE certificates are available for $25 each for each additional person wishing to receive CPE credit for their participation.

Free Access for Media

Members of the press interested in participating in the program may register for free. For further details, please contact Eric Scott at or Brenda Au at

For More Information

For further details on the CCH webinar, Tax Treatment of Casualty and Disaster Losses, please visit the registration page.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business ( is a leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Follow us now on Twitter @CCHMediaHelp. Wolters Kluwer ( is a market-leading global information services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.