The remnants of Tropical Storm Fay spread over a wide swath of the South on Monday, bringing heavy rain and wind from Georgia to Louisiana that many hoped would help land parched for months by drought conditions. Floridians, meanwhile, continued to mop up floodwaters created ...

My house got hit by Tropical Storm Fay and insurance is going to pay for most of the damages. But my windstorm deductible is $5,000. Can I deduct that amount on my tax return? It depends on your income. Unreimbursed losses are deductible -- if you itemize deductions -- and that includes your policy deductible and any storm-related damage not covered ...