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New tax plan won’t help small businesses after hurricane, wildfire, other disasters

As the Southern California wildfires blaze on, people in the path of the flames may be making an unlikely wish: that if the damage happens, it happens before the clock strikes midnight on December 31. It's morbid, but practical — because now that the new tax bill has passed, some significant disaster tax deductions will disappear.https://www.nbcnews.com/business/business-news/new-tax-plan-won-t-help-small-businesses-after-hurricane-n831191

 

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