casualty


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casualty

a hospital department in which victims of accidents, violence, etc., are treated
References in periodicals archive ?
It is thus possible to have an NOL created by casualty losses and by operating business losses resulting in a split carryback--the hurricane casualty loss going back five years and the nonhurricane loss going back only two.
Once we had treated a few casualties from accidents and the clinical staff saw that the facility, the supporting staff, and the equipment could work, they began to settle down and get on ith the business of preparing for combat casualty care.
Normally, taxpayers can fully deduct casualty losses on business property or income-producing property (e.
Second, the losses are matched against personal casualty gains.
Background: Ordinarily, a deduction for a personal casualty or theft loss is computed by reducing each loss by $100 and aggregate losses by 10% of adjusted gross income.
Fidelity National Property & Casualty Insurance Inc.
31, the company merged with Insura Property and Casualty Insurance Co.
However, in the Tax Reform Act of 1986 (TRA), Congress revised the law to require individual (nonbusiness) taxpayers to file an insurance claim in order to take a casualty loss deduction, (1) but did not address the issue of business claims.