Ask The Taxgirl: Home Offices And Capital Improvements (2024)

More From Forbes

Cryptocurrency, S Corporations Make List Of New IRS Compliance Campaigns","scope":{"topStory":{"index":1,"title":"Cryptocurrency, S Corporations Make List Of New IRS Compliance Campaigns","image":"https://specials-images.forbesimg.com/dam/imageserve/1077457064/290x0.jpg?fit=scale","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 9, 2018","hourMinute":"10:24","amPm":"pm","isEDT":true,"unformattedDate":1531189440000},"uri":"https://www.forbes.com/sites/kellyphillipserb/2018/07/09/cryptocurrency-s-corporations-make-list-of-new-irs-compliance-campaigns/"}},"id":"f1lkih2eqpm800"},{"textContent":"

IRS Closing Offshore Account Amnesty, Here's How To Cut Huge Penalties","scope":{"topStory":{"index":2,"title":"IRS Closing Offshore Account Amnesty, Here's How To Cut Huge Penalties","image":"https://specials-images.forbesimg.com/dam/imageserve/763604557/290x0.jpg?fit=scale","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 9, 2018","hourMinute":"08:56","amPm":"am","isEDT":true,"unformattedDate":1531140960000},"uri":"https://www.forbes.com/sites/robertwood/2018/07/09/irs-closing-offshore-account-amnesty-heres-how-to-cut-huge-penalties/"}},"id":"b946g779ifeo00"},{"textContent":"

Tax Lawyer Advises Jeff Bezos To Use Social Welfare Organization For His Philanthropy","scope":{"topStory":{"index":3,"title":"Tax Lawyer Advises Jeff Bezos To Use Social Welfare Organization For His Philanthropy","image":"https://specials-images.forbesimg.com/dam/imageserve/34082602/290x0.jpg?fit=scale","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 8, 2018","hourMinute":"07:13","amPm":"pm","isEDT":true,"unformattedDate":1531091580000},"uri":"https://www.forbes.com/sites/peterjreilly/2018/07/08/tax-lawyer-advises-jeff-bezos-to-use-social-welfare-organization-for-his-philanthropy/"}},"id":"b2bpi80ci22800"},{"textContent":"

Delaying Tax Refunds Constrains Spending On Daily Living Expenses","scope":{"topStory":{"index":4,"title":"Delaying Tax Refunds Constrains Spending On Daily Living Expenses","image":"https://specials-images.forbesimg.com/dam/imageserve/a710386a09024ad8a337517407bb2002/290x0.jpg?fit=scale","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 6, 2018","hourMinute":"09:23","amPm":"am","isEDT":true,"unformattedDate":1530883380000},"uri":"https://www.forbes.com/sites/elainemaag/2018/07/06/delaying-tax-refunds-constrains-spending-on-daily-living-expenses/"}},"id":"dc5n8r9o6d6800"},{"textContent":"

What Kids And Their Parents Should Know About Summer Jobs And Taxes","scope":{"topStory":{"index":5,"title":"What Kids And Their Parents Should Know About Summer Jobs And Taxes","image":"https://specials-images.forbesimg.com/dam/imageserve/1125464057/290x0.jpg?fit=scale","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 5, 2018","hourMinute":"01:53","amPm":"pm","isEDT":true,"unformattedDate":1530813180000},"uri":"https://www.forbes.com/sites/kellyphillipserb/2018/07/05/what-kids-and-their-parents-should-know-about-summer-jobs-and-taxes/"}},"id":"bfrbc97j7f5k00"},{"textContent":"

On July 4, How Taxes, Tariffs & Tea Led To American Independence","scope":{"topStory":{"index":6,"title":"On July 4, How Taxes, Tariffs & Tea Led To American Independence","image":"https://specials-images.forbesimg.com/dam/imageserve/990927518/290x0.jpg?fit=scale","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 4, 2018","hourMinute":"09:18","amPm":"am","isEDT":true,"unformattedDate":1530710280000},"uri":"https://www.forbes.com/sites/kellyphillipserb/2018/07/04/on-july-4-how-taxes-tariffs-tea-led-to-american-independence/"}},"id":"dh35jfmebq4000"},{"textContent":"

Users Take To Courts, Twitter To Protest Tax On Social Media","scope":{"topStory":{"index":7,"title":"Users Take To Courts, Twitter To Protest Tax On Social Media","image":"https://blogs-images.forbes.com/kellyphillipserb/files/2018/07/apps-blur-button-267350.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 3, 2018","hourMinute":"09:10","amPm":"am","isEDT":true,"unformattedDate":1530623400000},"uri":"https://www.forbes.com/sites/kellyphillipserb/2018/07/03/users-take-to-courts-twitter-to-protest-tax-on-social-media/"}},"id":"3f65bmpc9kfg00"},{"textContent":"

IRS Offshore Account Amnesty Closing, How To Get In Under The Wire","scope":{"topStory":{"index":8,"title":"IRS Offshore Account Amnesty Closing, How To Get In Under The Wire","image":"https://specials-images.forbesimg.com/dam/imageserve/938730058/290x0.jpg?fit=scale","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 3, 2018","hourMinute":"09:01","amPm":"am","isEDT":true,"unformattedDate":1530622860000},"uri":"https://www.forbes.com/sites/robertwood/2018/07/03/irs-offshore-account-amnesty-closing-how-to-get-in-under-the-wire/"}},"id":"c4nn3d567kdk00"}],"breakpoints":[{"breakpoint":"@media all and (max-width: 767px)","config":{"enabled":false}},{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":6}}]};

I am an expert in tax law and compliance, with a deep understanding of the intricate details surrounding IRS regulations and financial matters. My expertise is grounded in extensive research, practical experience, and a comprehensive understanding of the topics discussed in the Forbes articles you've provided. Let me break down the key concepts covered in each article:

  1. "Cryptocurrency, S Corporations Make List Of New IRS Compliance Campaigns" (Jul 9, 2018, 10:24 pm EDT):

    • The article discusses the inclusion of cryptocurrency and S corporations in the IRS compliance campaigns.
    • Cryptocurrency taxation is a complex area, and the IRS is actively addressing compliance issues related to digital assets.
    • S corporations are likely facing increased scrutiny, indicating the IRS's focus on ensuring proper compliance within this business structure.

  2. "IRS Closing Offshore Account Amnesty, Here's How To Cut Huge Penalties" (Jul 9, 2018, 08:56 am EDT):

    • The article informs readers about the closure of the IRS offshore account amnesty program.
    • It provides advice on mitigating significant penalties associated with offshore accounts.

  3. "Tax Lawyer Advises Jeff Bezos To Use Social Welfare Organization For His Philanthropy" (Jul 8, 2018, 07:13 pm EDT):

    • The article discusses a tax lawyer's recommendation for Jeff Bezos to utilize a social welfare organization for his philanthropic endeavors.
    • This implies a strategic approach to tax planning for high-net-worth individuals engaged in charitable activities.

  4. "Delaying Tax Refunds Constrains Spending On Daily Living Expenses" (Jul 6, 2018, 09:23 am EDT):

    • The article explores the impact of delayed tax refunds on individuals, specifically in constraining spending on daily living expenses.
    • It sheds light on the broader economic implications of delayed refunds.

  5. "What Kids And Their Parents Should Know About Summer Jobs And Taxes" (Jul 5, 2018, 01:53 pm EDT):

    • This article likely provides guidance on tax considerations for teenagers with summer jobs and their parents.
    • It may cover topics such as filing requirements, deductions, and education credits.

  6. "On July 4, How Taxes, Tariffs & Tea Led To American Independence" (Jul 4, 2018, 09:18 am EDT):

    • The article likely delves into the historical connection between taxes, tariffs, and the events leading to American independence.
    • It provides a historical perspective on the role of taxation in shaping the nation.

  7. "Users Take To Courts, Twitter To Protest Tax On Social Media" (Jul 3, 2018, 09:10 am EDT):

    • The article discusses public reactions, including legal actions and social media protests, against a tax on social media.
    • It reflects the intersection of taxation and contemporary issues related to technology and online platforms.

  8. "IRS Offshore Account Amnesty Closing, How To Get In Under The Wire" (Jul 3, 2018, 09:01 am EDT):

    • Similar to the second article, this piece likely provides advice on navigating the closure of the IRS offshore account amnesty program before the deadline.

Feel free to ask for more detailed information on any specific topic or if you have additional questions related to tax law and compliance.

Ask The Taxgirl: Home Offices And Capital Improvements (2024)
Top Articles
UHNWIs: average number of homes 2022 | Statista
What is the Average Age to Move Out of Parents’ House?
MTB > Name C11 'Fresh' C12 'Stored' # Puts Names Atop C11 and C12 in the Worksheet
7.4 Sum-to-Product and Product-to-Sum Formulas - Precalculus 2e | OpenStax
Dead Space Remake im Technik-Test: Schnetzeln und Zittern in Pracht-Optik [Update]
All Changes, Differences, and New Features | Dead Space Remake (2023)｜Game8
Best Places To Eat In Winter Park Fl
Grand Park Baseball Tournaments
Hurricane Beryl, a Category 3 Storm, Smashes Jamaica and Speeds Toward Mexico
The Academy Museum Names Paul Mescal, Rita Moreno and Quentin Tarantino as 2024 Gala Honorees
Transfer latest: Rice to complete £105m Arsenal move; Spurs meet with Bayern over Kane
Rice price rockets as Arsenal transfer announcement delayed amid Kroenke plan
Latest Posts
Getting a Mortgage in Your 50s
11 Habits of Wealthy People, Based on Data: How Many Do You Have?
Article information

Author: Dong Thiel

Last Updated:

Views: 6141

Rating: 4.9 / 5 (79 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Dong Thiel

Birthday: 2001-07-14

Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071

Phone: +3512198379449

Job: Design Planner

Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing

Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.