FILE - In this Nov. 6, 2017, file photo, House Ways and Means Committee Chairman Kevin Brady, R-Texas, makes a statement as his panel begins the markup process of the GOP's far-reaching tax overhaul as members propose amendments and changes to shape the first major revamp of the tax system in three decades, on Capitol Hill in Washington. If House Republicans have their way, victims of hurricanes in Texas and Florida could deduct their losses on their taxes. But victims of th…
December 12, 2017
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December 12, 2017 11:14 p.m.
House and Senate tax bills differ on wildfire relief
If the House Republican tax bill became law, victims of hurricanes in Texas and Florida who’ve yet to account for all their losses could deduct them on their 2018 taxes. Not so for victims of the California wildfires.