Last week, the IRS announced special exceptions for Louisiana residents and businesses affected by the August 2016 floods. According to The Advocate, the IRS will allow those affected “extended deadlines, waived penalties, and quicker request processing” and that “federal disaster assistance is not considered taxable income by [the IRS] or Social Security.”

Read the full article here.

The Flood Law Blog was featured in two articles in the Baton Rouge and New Orleans edition of The Advocate.

In the New Orleans Advocate, an article titled “Law Firms Use Katrina Experience to Help Baton Rouge Area Flood Victims,” McGlinchey Stafford attorneys Brad Axelrod and Jean-Paul Perrault discussed the blog’s roots in the firm’s experience helping clients after Hurricane Katrina in 2005, and how the Flood Law Blog has helped serve as a resource for FEMA assistance and SBA loans.

Perrault is quoted in a second article, “Post-Flood Insurance, Legal Issues Dot Businesses’ Road to Recovery,” on landlord-tenant issues relating to commercial property that have arisen following the flood. Axelrod also commented on cash-flow challenges for small and midsized businesses following a disaster.