Courtney Larson IRS crumbling foundations tax relief 2018
Updated guidance from the Internal Revenue Service (IRS) that extends the period of time that homeowners have to claim crumbling foundation related repairs on their federal taxes.
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UConn Receives $4 Million Grant for Defective Concrete Research
ByRenéeNBC Connecticut — UConn funded to continue work on preventing, detecting, and reducing the impact of defective concrete. Research matters for long-term solutions. https://www.nbcconnecticut.com/investigations/crumbling-foundations/uconn-receivesgrant-to-continue-work-with-crumbling-concrete/2946169
Two Insurers Promise $10.5 Million to Affected Insureds
ByRenéeThe Hartford and Liberty Mutual agree to assist the crumbling foundations captive insurance program — a significant private-sector commitment to the relief effort. https://www.captiveinternational.com/news/the-hartford-and-liberty-mutual-to-assistcrumbling-foundations-captive-2648
IRS Tax Relief for Affected Homeowners
ByRenéeCT Public Radio: Many will now be able to deduct the cost of repairs from their federal taxes over the next two decades. Tax Relief Extended For Conn. Homeowners With Crumbling Foundations | Connecticut Public
Grassroots Help Forming for Massachusetts Homeowners
ByRenéeMassachusetts homeowner coalition — a parallel effort to Connecticut’s experience is now organizing. Massachusetts residents are beginning to build the kind of advocacy network that took years to develop here. https://www.massracf.com
Connecticut’s First Condo Buildings Lifted for Foundation Replacement
ByRenéeWTNH — a milestone: the first condominium buildings in Connecticut are lifted for pyrrhotite removal in Willington, opening the door for condo owners who had long been excluded from relief. https://www.wtnh.com/news/connecticut/tolland/connecticuts-first-condo-lifted-forpyrrhotite-removal-in-willington
CFSIC Responds to Rumors: The Sunset Date — Myth vs. Reality
ByRenéeCFSIC addresses questions circulating about the program’s future and timeline. Worth reading for anyone with a pending claim or an affected property in the pipeline.