WSJ Your Money Briefing

Tax Disaster Write-Offs for Damage Could Increase

Oct 18, 2021 · 7 min · Episode 1135 · 7.2 MB
0:00-7:22

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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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