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Tax Code Leaves Scam Victims Behind | Durham News
Tax law changes since 2017 are leaving scam victims in the lurch—losing billions and getting no tax relief for fraud, unless it’s a federally declared disaster. Investment scams might still qualify for deductions, but romance or impersonation scams? Forget it. And if you’re ripped off by withdrawing from your retirement? You pay taxes plus a 10% penalty. But there’s hope: a bipartisan bill passed a House committee to restore deductions for scam victims—and tax pros urge you to document everything now. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
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