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Congress is being urged to review the tax code as it pertains to victims of fraud, particularly in light of AI-enabled scams. The current tax treatment varies based on whether victims were deceived by financial or romantic promises.
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Congress is being urged to review the tax code as it pertains to victims of fraud, particularly in light of AI-enabled scams. The current tax treatment varies based on whether victims were deceived by financial or romantic promises.
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My client lost her life savings to a romance scammer. Then she got a tax bill.
Congress urged to address tax code disparities for victims of fraud