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Lost Money to a Scam? You Could Still Owe the IRS: Congress Aims to Fix That

International Business Times UK — July 20, 2026 at 12:42 PM UTC

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Lost Money to a Scam? You Could Still Owe the IRS: Congress Aims to Fix That

The Tax Relief for Fraud Victims Act offers crucial tax deductions and removes IRS penalties for scam victims, alleviating unfair financial burdens. Learn more about this vital legislation today.