At publication time, Hurricane Florence is moving through North and South Carolina. Federal and state first responders are braving many risks to rescue
trapped individuals. In addition to wind damage, there may be major floods, with up to 40 inches of rain in some parts of North and South Carolina.
In IR-2018-183, the IRS offers suggestions and guidelines to prepare for a potential natural disaster. There are several steps you may take
to safeguard your key documents and high-value items.
Key Documents List - Many Americans have a file at home containing important documents. You should create a list of these documents.
Your key documents may include bank statements, financial and retirement records, deeds to property, titles to your vehicles, insurance policies and family
Document Security - Some key documents may be maintained by custodians in secure data centers. Most banks and financial companies have
secure data centers with multiple backups. Your personal documents should be in a safe place. If you are in a potential flood zone, you should consider using
waterproof containers. You also may convert documents into an electronic file and store them on a flash drive, CD or DVD. There are services that permit storage on web
servers in secure data...More