U.S. Sens. Baldwin, Moody, Welch: Introduce Bipartisan Bill to Give Tax Relief to Victims of Fraud, Scams, Theft, and Disasters

Senators introduced a bipartisan bill to restore tax deductions for victims of scams, thefts and disasters, helping protect their financial security. “With widespread financial fraud and scams impacting many Americans’ retirement security and financial livelihoods, CFP Board enthusiastically supports this critical piece of legislation that would lessen the impact of financial loss,” says Erin Koeppel, Managing Director of Government Relations and Public Policy Counsel at CFP Board.

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