It's important to remember that if you suffered property damage as the result of a disaster this year, you may be able to amend last year’s tax return. This could reduce the tax for that year.

Although New Jersey is a gross income tax state, losses may be federally deductible. Learn what is and is not deductible and how to claim a deduction on one's tax return.

Scam artists often follow in the wake of disasters to prey on vulnerable victims. Here are some considerations to think about to avoid being taken advantage of.