EDITOR'S NOTE: Under the final tax bill, agreed to after this article was published, losses from wildfires and other natural disasters are no longer deductible absent a federal disaster declaration.
More than 4 in 10 Americans have been victimized by a natural disaster, a stressful scenario that can take time to process. Tax-related responsibilities add to the burden, but filing relief can help.
The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers ...
Michigan taxpayers who saw dramatic losses after severe flooding hit northern Michigan and the Upper Peninsula in April could benefit from some key income tax breaks after Gov. Gretchen Whitmer ...
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