Skip to Content

Video

Senator Ron Wyden reacts to new federal tax exemption passed as Oregon faces record wildfire season

BEND, Ore. (KTVZ) — The Doug LaMalfa Federal Disaster Tax Relief Certainty Act passed the U.S. Senate, providing a tax exemption for wildfire survivors as Oregon faces its worst wildfire season in modern history. The legislation allows qualified relief payments to be excluded from federal taxable income, including funds received years after a disaster. The

Continue Reading

FIRE ALERT: Hidden Forest Fire Burning in Southern Deschutes County, Evacuation Orders Implemented

Update: The Deschutes County Sheriff’s Office has shared new images from the Hidden Forest Fire. Update: KTVZ News viewer David Copeland shared these photos of firefighting aircraft utilizing the Prineville Reservoir to fight the Hidden Forest Fire in Deschutes County. Update: The Deschutes County Sheriff’s Office has just released new images from the wildfire burning

Continue Reading

Wyden secures legislation to prevent taxes on wildfire settlement payments

WASHINGTON, D.C. (KTVZ) — U.S. Sen. Ron Wyden, D-Oregon, passed legislation Friday to provide immediate tax relief to Americans who lose their homes in federally declared natural disasters, including wildfires. The measure removes taxes on settlement payments received by victims of unpredictable natural disasters. The bill addresses tax provisions originally enacted under a 2017 tax

Continue Reading