Business

Congress Considers Tax Relief for Scam Victims

Updated 2026-07-18 14:10 UTC 1 source Neutral

A bill in the House proposes restoring a pre-2018 rule that allows tax deductions for theft losses, offering relief to scam victims. The measure aims to address financial hardships caused by fraudulent activities.

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CNBC
A bill in the House would restore a pre-2018 rule that generally allowed a tax deduction for theft losses and would add other relief for fraud victims.
2026-07-18 13:30 UTC
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