Congress Passes the Taxpayer Certainty and Disaster Tax Relief Act of 2019
Congress has passed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the Disaster Act) as part of the Further Consolidated Appropriations Act, 2020. The Disaster Act retroactively extends over 30 Code provisions (including the mortgage insurance premium deduction and the 7.5%-of-AGI medical expense deduction floor), generally through 2020. In addition, the Disaster Act [...]