In the News | Financial Planning
IRS rules to deduct fraud losses on taxes give victims some leeway
April 28, 2025 · Authored by James Creech
In an interview with Financial Planning, Baker Tilly’s James Creech breaks down what the new rules mean for deducting fraud-related losses and why broader reform is still needed. He also underscores the vital role financial professionals play in detecting scams early and supporting clients with empathy and expertise.
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