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VIRGINIA BEACH, Va. -- If you are working from home, you may have bought some new items to accommodate the situation, or you are probably using more of the resources you already pay for.If you were planning on writing off these new expenses on your next tax return, "Unfortunately, there are no tax benefits to working from home if you are an employee,” Scott Rinehart, a tax professional and financial advisor with Carlson Financial, said.While tax season is months away, Rinehart said he has already received some questions from people."I've had people ask, 'since I work from home, can I deduct my office now?'” he explained.Say, for example, if you bought a laptop and it cost a couple hundred dollars, the rent on your apartment or certain utilities like electricity -- just to name a few examples -- you cannot write those off on your taxes.“The tax act a few years ago got rid of that tax break for employees,” Rinehart said.He mentioned an exception, however."If you are self-employed and now instead of going to your office, you're working from home, you can deduct a portion of your home you're using as your office."It is the same scenario for those homeschooling their children, Rinehart added, but he explained that extra paid leave was provided in the Family First Coronavirus Response Act for parents tending to their children.A tax write-off normally helps to reduce the amount of tax you owe."I think there will be folks who will try to claim these expenses when they itemize,” Rinehart said, “or add some sort of miscellaneous deduction, and they're just not going to be allowed."If you do make these claims or accidentally file for a write-off, Rinehart said, “You may get a letter from the IRS at some point saying, 'Hey, you owe us some money.’”In that event, Rinehart said the IRS will try to work with the filer to fix the issue. It may result in additional payments.Rinehart suggested tracking your expenses, organize receipts and use free tax resources online, as well as the IRS."Otherwise, it always makes sense to - if you have a more complex tax situation - have a professional look at it,” Rinehart said.This story originally reported by Julio Avila on wtkr.com. 2201
Virginia Beach Police are investigating a shooting that seriously injured two people early Sunday morning.Officers were alerted to multiple shots fired in the area around 12:45 a.m. A woman was located and suffering from a life-threatening wound. Medics treated the woman and took her to the hospital.A few minutes later at 12:48 a.m., officers received word that a victim with life-threatening injuries was located in several blocks away. EMS treated and took the victim to the hospital for further treatment.A possible suspect has been detained and the investigation is ongoing.Prior to this shooting, police responded to another shooting at the 1900 block of the Boardwalk. A woman suffered non-life threatening injuries in the incident.There is an increased police presence throughout the oceanfront area due to College Beach Weekend. Problems with violence in past years have caused some to be critical of the event. Last year, thousands signed a petition calling for an end to College Beach Weekend after four people at the Oceanfront were injured from a shooting. 1078
WARREN, Michigan — Police are looking for thieves who stole nine brand new Dodge Ram pickup trucks in a Michigan town.The vehicles were stolen just before 4 a.m. local time Thursday. They were taken from the storage lot at the truck plant in Warren.Police say the trucks were fresh off the assembly line and had not been titled yet.The trucks are worth more than ,000 each. Authorities have not said whether there are suspects or if they have an idea of where the trucks may be. 505
WASHINGTON — A House Republican aide says Rep. Louie Gohmert has tested positive for the coronavirus.The 66-year-old Texas Republican was screened for the virus at the White House on Wednesday morning.Gohmert had gone to the White House because he was planning to fly to Texas with President Donald Trump aboard Air Force One. Gohmert had to cancel his trip and is planning to isolate.The aide wasn't authorized to publicly discuss Gohmert’s test result and spoke on condition of anonymity.Gohmert is one of the House’s most conservative and outspoken members.Gohmert is often seen without wearing a mask on Capitol Hill.On Monday, President Donald Trump's national security adviser, Robert O'Brien, tested positive for COVID-19, the highest-ranking member of the Trump administration to contract the virus. 815
WASHINGTON — The Supreme Court has made it easier for religious schools to obtain public funds, upholding a Montana scholarship program that allows state tax credits for private schooling. The court’s 5-4 ruling, with conservatives in the majority, came Tuesday in a dispute over a Montana scholarship program for private K-12 education that also makes donors eligible for up to 0 in state tax credits. Montana's highest court had struck down the tax credit as a violation of the state constitution’s ban on state aid to religious schools. The scholarships can be used at both secular and religious schools, but almost all the recipients attend religious schools. 674