As citizens rebuild homes and businesses destroyed by the tornado, financial questions will, no doubt, arise. There may be tax ramifications from insurance proceeds or other transactions related to the business or residential rebuilding process. In addition, businesses may need help in planning for business continuation in the event of another disaster. A free financial/tax advice service as it relates to the rebuilding process might be very beneficial. The University of Alabama School of Law already provides free legal services for storm victims in conjuction with the Alabama and Tuscaloosa County Bar Association's Volunteer Program. Some similar offering from the University's Business School, the AICPA, and local/state CPA organizations might be a big benefit.
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