President Biden signs key disaster tax relief bill, including provisions for wildfire victims

President Joe Biden signed H.R. 5863, the Federal Disaster Tax Relief Act, into law on Thursday, providing critical tax relief for survivors of natural disasters like wildfires, which included H.R. 4970, the Protect Innocent Victims of Taxation After Fire Act, that exempts wildfire relief payments from federal income taxes.

President Biden signs key disaster tax relief bill, including provisions for wildfire victims

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