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Disaster Tax Relief Act of 2017

Disaster Tax Relief Act of 2017

The tax provisions contained in the new law apply to the disaster zones and areas declared by the President prior to September 21, 2017, and prior to October 17, 2017 for hurricane Harvey and hurricane Irma.

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New Mortgage Rules for 2017

New Mortgage Rules for 2017

Premiums paid for acquisition indebtedness for insurance contracts issued after December 31, 2006 on a first or second home are treated as deductible mortgage interest, subject to phaseout rules.

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