The House Republican tax bill would eliminate the deduction for personal losses from wildfires, earthquakes and other natural disasters, but keep the break for victims of the recent severe hurricanes. If the bill becomes law, the deduction would disappear next year but would be available for victims...

Topics:  house republican   deduction   wildfire   earthquake   hurricane   victims   tax bill   
BING NEWS:
  • Wildfire survivors appeal to Congress to end federal income tax on settlements, lawyer fees
    Western wildfire survivors are calling on Congress to stop playing political football with a bill that would relieve them of federal income taxes on recovery settlements and lawyers fees. To press ...
    11/14/2024 - 2:01 am | View Link
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