Keys Weekly: Don’t Forget to File For Hurricane Tax ReliefBy Carlos CurbeloDon’t Forget to File For Hurricane Tax Relief When some in the Lower and Middle Keys lost everything to Hurricane Irma’s 130 miles-per-hour winds and 10-foot storm surge, I knew perhaps the greatest devastation would be the financial strain on individuals, families, and small entrepreneurs whose property or livelihoods had taken a direct hit. When I first joined the tax-writing Ways and Means Committee last year, I wanted to be an advocate for South Florida priorities. In addition to continuous robust funding for disaster relief and improved coordination between local, state, and federal authorities that remain instrumental in the recovery effort, I knew my position on the Committee provided a unique opportunity to help South Florida recoup some of the financial losses we had suffered as a result of the storm. Together with Chairman Kevin Brady from Texas, we introduced and passed tax relief for disaster survivors in South Florida and across the country, ensuring they would be able to write-off some of the losses and costs related to the storms, wildfires, and flooding we saw last year. I was incredibly proud to see my colleagues from both sides of the aisle support the legislation and get it quickly signed into law. The bill took several steps to help American families and communities recovering from Hurricanes Harvey, Irma, and Maria including: … Keep reading here. |
