Tax Disaster WriteoffsTax Write-Offs for Disaster Damage Could Increas

Oct 18, 2021, 07:00 AM

For millions of Americans hit by weather-related disasters, insurance only covers so much of the expense. WSJ tax reporter Laura Saunders joins host J.R. Whalen to discuss a proposal in Congress that would boost the amount of disaster-related expenses that people can deduct from their taxes.
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For millions of Americans hit by weather-related disasters, insurance only covers so much of the expense. WSJ tax reporter Laura Saunders joins host J.R. Whalen to discuss a proposal in Congress that would boost the amount of disaster-related expenses that people can deduct from their taxes.

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