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ACT NOW: Support Victims of Financial Fraud and Scams
Every day, CFP® professionals work to protect the financial security of their clients, including from financial fraud and scams. Yet, under current tax law, some victims of financial scams are hit twice: first by the loss itself, and then by a tax bill on those lost assets. The Tax Relief for Victims of Crimes, Scams, and Disasters Act would reinstate a federal tax deduction for personal casualty and theft losses. 

Please take a moment to thank your elected officials for supporting this bill. If they have not done so, please ask your elected officials to support this vital bill to ensure victims are not penalized for being scammed or defrauded. 

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