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Katrina Tax Relief Workshop

Loyola press release - September 6, 2006

Katrina Tax Relief Workshop

A year after Katrina, many New Orleans residents and businesses still face uncertainty regarding the amount of their losses. These losses may bring relief in time for the extended filing deadline of October 16 for federal income taxes.

Loyola College of Law is hosting a Katrina Tax Relief Workshop on Saturday, September 9 beginning at 10 a.m. at 526 Pine St., room 112. The workshop is free to all residents of Orleans, Jefferson and surrounding parishes. The audience will be able to get individual help from panel members and others regarding their losses.

After Katrina, Congress passed temporary tax breaks of over $6 billion and created tax incentives of $8.6 billion for reconstruction efforts in the New Orleans area.

A panel of government and private tax lawyers and accountants will explain how residents can take advantage of their casualty losses as tax deductions.

Speakers will include: Gerard H. Schreiber, Jr., CPA; lawyers representing the IRS include, Susan S. Canavello, Sharon Evans, Lisa Laurent, and Aaron Steele, all of whom have personal and work experience in the New Orleans area. In addition, Earl J. Millet, Jr., Regional Tax Director of the Louisiana Department of Revenue will explain the Louisiana sales tax refund. Cynthia Lepow, Professor of Law, will moderate the panel.

For more information, contact Prof. Cynthia Lepow, (504) 861-5584, or clepow@loyno.edu.

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