Raul Escatel, Author at Ascendant LLP

Claiming a Casualty Loss Deduction for California Wildfires in 2025

Raul Escatel
Income Tax Planning

The devastating wildfires that swept through Southern California in 2025 (“2025 Wildfires”) left many homeowners and businesses grappling with significant property damage and financial losses. In response…

Exploring the Property Tax Implications of Proposition 19

Raul Escatel
Property Tax

In the November 2020 election, California voters narrowly approved Proposition 19 (The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire and Natural Disasters Act), which…