Pakistan has so far refused to comment on the Afghan allegations, instead accusing the Afghan Taliban of doing nothing to stop attacks against Pakistan by militants in Afghanistan. Established by the British in the 19th century, successive Afghan rulers have refused to recognize it as the official border, laying claim instead to Pakistani territory known as Khyber Pukhtunkhwa Province where ethnic Pashtuns dominate. Pakistan has not confirmed any attack on Afghanistan and Sunday's statement slams the Taliban rulers for doing too little to stop Pakistani Taliban militants using its territory to attack Pakistan. The attacks have been claimed either by the Pakistani Taliban or by an Islamic State group affiliate, also headquartered in Afghanistan, but against whom the Taliban have been fighting. If the investment property is so damaged as to be a total loss, that loss is deductible to the extent of your adjusted basis in the property - i.e., your initial purchase price plus improvements, less any depreciation claimed during ownership. We can help you determine whether you have a claim and, if you have, how much damage can be claimed as a loss on your tax return. RFG can help you maximize your casualty losses. While Hurricane Ida took place in the third quarter of 2021, per IRS guidelines, you can amend your 2020 individual income tax return to take these deductions, rather than waiting to include them on your 2021 return.
RFG is here to review your 2020-2021 financial situation and prospects, so as to advise you whether your Hurricane Ida-related damages would be better deducted on your amended 2020 or your 2021 individual income tax return, and to amend/prepare the return(s) for you. RFG will help ensure your tax return includes all deductible losses, whether you are claiming these damages on your 2020 or 2021 tax return. The amended return must be filed within six months of the due date of the tax return for the tax year in which the disaster occurred - i.e., six months from April 15, 2022, the due date for 2021 individual tax returns. However, if you anticipate greater income in 2021 (and potentially higher income tax rates) than in 2020, you might want to consider waiting for 2021 to claim your Ida-related casualty losses, as certain other deductions and credits, which are subject to phase-out based on income limits, may be increased due to the reduction to taxable income. “In the last few days, incidents along Pak - Afghan Border have significantly increased, wherein, Pakistani security forces are being targeted from across the border,” said the Pakistani statement.
The warning followed Afghan reports that Pakistani aircraft late Friday carried out bombing raids in Afghanistan’s eastern Khost and Kunar provinces, killing civilians. On Saturday the Taliban Foreign Ministry called in Pakistan's ambassador to complain of civilians killed in the bombing raids it said happened late Friday, killing refugees in Afghanistan's eastern Kunar and Khost provinces. It's not clear, however, whether Pakistan's new Prime Minister Shahbaz Sharif will be as supportive of the Afghan Taliban as was his predecessor Imran Khan, a cricket star turned conservative Islamist leader, who was ousted last weekend in a politically tumultuous no-confidence vote. ISLAMABAD (AP) - Pakistan fired off a sharp warning Sunday to Afghanistan's hard-line religious rulers to stop sheltering homegrown Pakistani Taliban militants who have staged increasingly deadly attacks against the country’s military. Since their takeover, Islamabad has led the way in pressing the world to engage with the religiously driven Afghan government. By late March this year, Pakistan had seen 52 attacks by militants, compared to 35 in the same period last year, according to Amir Rana, executive director of the Pakistan Institute of Peace Studies, an independent think tank that monitors militant activity in Pakistan.
The attacks have also gotten deadlier. Militant attacks in Pakistan have been accelerating since the Taliban took power in Afghanistan. Pakistan was often accused of harboring Afghanistan's Taliban fighters before they swept to power last August as America ended its 20-year war. Afghanistan's largest news channel, TOLO News, showed images of children's bodies it said were killed in the airstrike. The same channel showed protests by hundreds of residents of eastern Khost province condemning Pakistan and shouting anti-Pakistan slogans. Taliban spokesman Zabihullah Mujahid warned Pakistan “not to test the patience of Afghans on such issues and not repeat the same mistake again otherwise it will have bad consequences.” He did not elaborate on the consequences or the numbers of people killed. So far this year in Pakistan, 155 people have been killed in such attacks, compared to 68 last year. Last week, seven Pakistani military personnel were killed in an ambush near the border later claimed by Pakistani Taliban known as the Tehreek-e-Taliban Pakistan, or TTP. The border between the two countries, known as the Durrand Line, runs the length of the 2,670 kilometer (1,660-mile) dividing line.
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