Changes under Trump's tax reform put a new limit on the casualty losses that can be claimed on a federal tax return after a major storm.       

Topics:  trump   tax   losses   
BING NEWS:
  • Some hurricane victims can get a tax break for losses. Here's what you need to know
    Two weeks later, Hurricane Milton brought high winds, tornadoes and flooding ... losses, known as the "casualty loss tax deduction," according to the IRS. But the calculation is complicated, experts ...
    10/15/2024 - 3:34 am | View Link
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