Daily Tax Update - June 4, 2007

IRS ENCOURAGES TAXPAYERS TO PROTECT TAX AND FINANCIAL RECORDS IN ADVANCE OF HURRICANE SEASON OR OTHER DISASTERS:  The IRS encouraged taxpayers to safeguard their tax records and other financial data in case of a hurricane or other disaster.  The IRS suggested documenting valuables, including copying files onto a CD or DVD, photographing or videotaping the contents of your home, and updating emergency plans.

IRS Acting Commissioner Kevin Brown said, “With forecasts calling for an active Atlantic hurricane season, the IRS encourages taxpayers to protect tax and financial documents that can be hard to replace.  A little planning can help safeguard valuable information in case a hurricane or other disaster strikes.”

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