FAQs Related to Disaster Recovery and the Fires

Our CPA’s have compiled a list of 25 frequently asked questions related to fire victims and the recovery process. This document will continue to be updated over time as new questions roll in. If you have any additional questions in the meantime that aren’t answered below, please feel free to contact us at Linkenheimer LLP. We’ll continue to work side by side with all of you during this rebuilding process as we put our great community back together.

Frequently asked questions related to disaster relief for this affected by the fires:

Can an employer make a payment to an employee for missed time as a result of the fire and have that payment excluded from the employees gross income? No, the payments would be considered taxable wages.

What information is needed to substantiate a casualty loss? To substantiate your loss, you’ll need the following, the type of casualty and date it occurred, proof that you were the owner of the property, or if you were a lessee, that you were contractually liable for the damage, whether a claim for reimbursement exists for which there is a reasonable expectation of recovery and documented […]

By Linkenheimer LLP|2020-09-03T20:04:49+00:00November 8th, 2017|Community, disaster, question, relief|0 Comments

Rental Resources and List of Utilities

For all those who were displaced by the wild fires in Sonoma County, below is a list of Property Management Companies and Apartment Complexes:

PROPERTY MANAGEMENT COMPANIES – Sonoma County

Westgate Property Management – 707-769-9590
Mahoney Davison Property Management – 707-762-7710
Century 21 Bundesen Property Management – 762-7777
North Bay Property Management – 707-303-3748
DeDe’s Rentals – 707-523-4500
Pacific Properties – 707-206-6645
Hills & Homes – 707-585-2913
Sonoma County Property Rentals – 707-596-1020
Kelley Rentals – 707-824-2222
Alliance Property Management – 707-524-8380
Timely Property Management – 707-588-9200
Baker & Associates – 707-542-4700
Kelley Rentals – 707-824-2222
Task Property Management – 707-579-2013
W Property Management – 707-545-6187
Rental Property Management – 707-843-3696
Safer Property Management – 707-978-4303

APARTMENT COMPLEXES

Rohnert Park
Copeland Creek – 707-586-9741
Creekview Place Apartments – 707-664-8986
Fiori Estate Apartments – 844-404-4061
Oak View of Sonoma Hills (Senior) – 888-321-0662
Park Ridge Apartments – 707-400-6865
Americana Apartments – 707-584-3522
Vintage Point Apartments – 707-664-8028
Dalewood Apartments – 707-664-8432
Edgewood Apartements – 707-585-2241
Santa Alicia Apartments – 707-795-1465
Willow Creek Apartments – 707-739-4189
The Reserve at Rohnert […]

By Linkenheimer LLP|2020-09-03T20:04:50+00:00November 8th, 2017|Community, disaster, relief|0 Comments

Insurance Tips and Rebuilding Questions

As we look into the future and the rebuilding of our county begins, we are faced with uncertainty and questions. We have compiled some common insurance questions and tips and hope that these will help throughout the process. If you have any questions, please let us know. We are also hosting three seminars in November on disaster relief and the impact on taxes and your business. For more info or too sign up, please click here.

1. Be pro-active in the claim process and keep good notes.
2. You’re not on a level playing field when you’re dealing with an insurance claim.
3. Don’t pad or exaggerate your claim.
4. Give your insurance company a chance to do the right thing, but don’t mistake a friendly representative for a friend.
5. Document and support your claim with proof, details and estimates.
6. Present clear requests in writing that explain what you need, when you need it, and why you’re entitled to it.
7. Think of your insurance claim as a business negotiation—you’re dealing with a for-profit company.
8. Don’t sign legal documents without consulting with a qualified attorney. There are many local attorneys who […]

By Linkenheimer LLP|2020-09-03T20:04:50+00:00November 8th, 2017|Community, disaster, relief|0 Comments

Disaster Relief Tax Seminar

Disaster Relief and Tax Consequences Seminar

November 28th, December 5, 12, 19th; 9-10:30am

Space is limited and will fill up quickly. Please RSVP below and let us know the day you would like to attend. We look forward to seeing you and answering any questions you might have. Breakfast will be provided and the seminar will be held at our office at 187 Concourse Blvd, Santa Rosa, CA. 95403.

Join the Linkenheimer team as we discuss the tax relief and implications of the local wildfires that have affected so many. There will be a discussion and Q&A time where we will answer your questions regarding your disaster relief options, IRS implications and more.

By Linkenheimer LLP|2020-09-03T20:04:50+00:00October 31st, 2017|Community, disaster, relief, tax|0 Comments

Payments to Employees Affected by the Local Fires

During these tragic times businesses may want to help employees affected by the local fires. The purpose of the following information is to highlight some tax efficient opportunities to help employees affected by the local fires which were declared a qualified disaster by President Trump. IRC section 139 allow employers to provide qualified disaster relief payments to employees that have incurred unreimbursed expenses due to a qualified disaster (such as the local fires) and have those payments excluded from the employees gross income and included as deductible expense for the business making the payment. For the payments to be considered qualified disaster relief payments, they should be for either items i. or ii. below, but only to the extent not already covered by insurance.

Reasonable and necessary personal, family, living, or funeral expenses incurred as a result of a disaster. This would include expenses related to loss of use.
Reasonable and necessary expenses incurred for the repair or rehabilitation of a personal residence or repair or replacement of its contents to the extent that the need for such repair, rehabilitation, or replacement is attributable to a qualified disaster.

Other items to point out:

To […]

By Linkenheimer LLP|2020-09-03T20:04:51+00:00October 19th, 2017|business, Community, disaster, Fire Relief Info, relief, tax|0 Comments