Stories Related to Tax Reform Bills Treat Disaster Victims Differently – Some Get Help, Some Don’t

If the House Republican tax bill became law, victims of hurricanes in Texas and Florida who have yet to account for all their losses could deduct them on their 2018 taxes. Not so for victims of the California wildfires. If the Senate version prevailed, victims of all federally declared disasters – a category that covers victims of both hurricanes and the wildfires – could deduct their losses.

Sections:  u.s.   
Topics:  Maine   Cumberland County   Portland   
BING NEWS:
  • Lawmakers Make End Run Around Speaker Johnson on Disaster Bill
    A successful bipartisan effort to force a vote on disaster relief is just the latest example of how procedural norms have been upended in the House.
    05/17/2024 - 6:58 am | View Link
  • Council tax reform demands to scrap 'unfair' system
    The message says: "We petition for council tax reform based on occupancy ... into your band while yours stays the same. Council tax bills increased from the start of the tax year this month ...
    04/17/2024 - 11:06 pm | View Link
  • First £5,000 council tax bills to arrive next week
    Annual council tax increases remained below one per cent between 2010 and 2015, but rose to five per cent for the first time in 2018/19. Across the country, average bills in April 2024 will be 5.1 ...
    03/21/2024 - 9:58 am | View Link
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