Favorable Prospects for Tax Relief for Casualty Losses Attributable to Hurricane Ian

By Jim Melican, GSAC Board Member Submit questions or feedback online  On January 31, the U.S. House of Representatives, in a now atypical bipartisan vote, passed the Tax Relief for American Families and Workers Act of 2024. Although this legislation (H.R. 7024) dealt largely with the child tax credit, buried in its eighty-four pages is an eight-line [...]