You Won't Get To Write Off Home Office Expenses On Your 2020 Taxes

The tax law changed in 2017 which prevents those who work from home from writing off home office expenses.

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  • What the post-pandemic new normal may look like

    Public health experts generally agree that the coronavirus is here to stay — which raises the question of when the pandemic will be over, The Atlantic's Alexis Madrigal writes.Why it matters: It's highly unlikely that the U.S. will vaccinate enough people to completely eradicate the virus, and even more unlikely that this will happen worldwide. That means that we have to decide what level of risk we want to live with.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeWhat they're saying: "Fewer than 100 deaths a day—to mirror the typical mortality of influenza in the U.S. over a typical year—is an appropriate goal," Monica Gandhi, an infectious-disease specialist at UC San Francisco, told Madrigal.That'd correlate with only a few thousand new cases a day.Reality check: We're nowhere near those numbers yet. States haven't reported fewer than 474 deaths a day since last spring, and the U.S. is currently reporting around 2,000 deaths a day.What we're watching: It could take months for the number of Americans with some form of immunity to the virus — whether through vaccination or infection — to drive daily coronavirus deaths below 100."Until then, we'll be confronted with a different sort of risk: that, for some, the pandemic feels like it's over long before it actually is," Madrigal writes."Just as the country has never taken a unified approach to battling COVID-19, we may very well end up without a unified approach to deciding when it ends."Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • Massachusetts-based organization sends truck loads of food, supplies to Texas

    Millions in the Lone Star State still don't have clean drinking water because of the winter weather and power crisis, and food supplies are limited.

  • A shot in the arm: EU vaccine program struggles to speed up

    Two months after its first vaccine shots, the European Union is still struggling to get its COVID-19 inoculation drive up to speed. EU leaders are meeting Thursday to jump-start the process, fearing that new virus variants might spread faster than Europe’s response. At a video conference, the leaders will look at ways to improve the bloc's vaccine rollout, as the EU’s executive arm, the European Commission, presses pharmaceutical companies to respect the terms of their contracts.

  • Texas Lt. Gov. says that people getting huge energy bills 'gambled on a very, very low rate' - but suggests they won't have to pay the full amount

    Texans on variable-rate energy deals were faced with enormous bills as the wholesale price of electricity spiked 10,000% during the storms.

  • Lady Gaga’s Dog Walker Shot as Thieves Swipe Her Two French Bulldogs

    Reuters/Saul LoebThieves have shot Lady Gaga’s dog walker and made off with two of her French bulldogs, a representative from her team has confirmed to People magazine.The shooting took place in West Hollywood late on Wednesday night. The Los Angeles Police Department confirmed to The Daily Beast that a 30-year-old victim was taken to a local hospital. Police said his condition was unknown, but he was reportedly alert and communicative while being treated. CNN reported Thursday that the dog walker is recovering well.The singer has three beloved French bulldogs, Koji, Asia, and Gustav. She is “extremely upset” and is offering a $500,000 reward for the safe return of Koji and Gustav “no questions” asked, according to TMZ. Anyone with information is asked to email KojiandGustav@gmail.com.The shooting began right before 10 p.m. ABC7 footage from the scene shows the dog walker dressed in shorts laying on the pavement cradling Asia, the one dog that managed to escape the thieves, while first responders attended to him. Police were seen swaddling Asia in a blanket before Lady Gaga’s bodyguard retrieved the pet, reported TMZ. View this post on Instagram A post shared by Lady Gaga (@ladygaga) Police are searching for at least one male suspect, who is believed to have used a semi-automatic handgun and was last seen fleeing northbound toward Hollywood Boulevard Avenue in a white vehicle.Officials said it was too early in the investigation to know if the dogs were specifically targeted in the attack. French bulldogs are very popular pets and puppies can cost as much $10,000, depending on their pedigree.Lady Gaga is currently in Rome where she is filming Ridley Scott’s new movie Gucci. Her team was not immediately available for comment.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

  • Stephen Miller, the architect of Trump's migrant-family-separation scheme, called Biden's immigration policies 'cruel' and 'inhumane'

    The family-separation policy made Miller one of the most controversial Trump officials. He even put conservatives on edge.

  • China's ships are getting bigger and more aggressive, and Japan is scrambling to keep up

    China's massive Coast Guard and a new law expanding what it can do have worried its neighbors, maybe none of them more so than Japan.

  • Fox anchor suspended after saying he was ‘annoyed’ at obese people getting Covid vaccine

    The anchor was called out “fatphobic” on social media

  • GOP Rep. Adam Kinzinger called out Rep. Marjorie Taylor Greene for hanging a sign declaring binary gender across the hall from a lawmaker with a trans daughter

    Greene and Rep. Marie Newman were sparring over the Equality Act, which would ban discrimination on the basis of gender identity or sexual orientation.

  • ‘Read the fine print’: Texas lieutenant governor blames Texans for high storm energy bills

    Republican says ‘those big bills are people who gambled on a very, very low rate’ after reports people resorted to using life savings for higher fees amid the freeze

  • Manhattan prosecutors reportedly obtain millions of pages of Trump's tax records

    The Manhattan district attorney is now in possession of millions of pages of former President Trump's tax and financial records, CNN first reported, following a Supreme Court ruling that allowed prosecutors to enforce a subpoena after a lengthy legal battle.Why it matters: Trump fought for years to keep his tax returns out of the public eye and away from prosecutors in New York, who are examining his business in a criminal investigation that was first sparked by hush-money payments made by Trump's former fixer Michael Cohen during the 2016 election.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeThe New York Times reports that the investigation has intensified in recent months and that prosecutors are now examining potential tax and bank-related fraud.Trump has denied any wrongdoing, attacking the investigation by Manhattan District Attorney Cy Vance as a political "witch hunt."Go deeper: Here’s What’s Next in the Trump Taxes Investigation (N.Y. Times)Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • A Chinese couple paid $155,000 in fees to have 7 children in violation of the country's 2-child policy

    China ended its one-child policy in 2015, but it's still struggling with declining birth rates and an aging population.

  • An ex-girlfriend tipped off the FBI about an alleged US Capitol rioter after he called her a 'moron'

    Richard Michetti was arraigned Tuesday in Philadelphia over his alleged participation in the January 6 insurrection.

  • Why Tiger Woods was driving solo to a Discovery TV shoot before his accident

    Tiger Woods' catastrophic crash in Los Angeles has cast a spotlight on the low-budget documentary series that featured golf's biggest star.

  • AOC accuses Marjorie Taylor Greene of ‘trying to get out of work early’

    New York congresswoman hits out at controversial Republican over Equality Act

  • Christopher Cantwell, known as 'The Crying Nazi,' sentenced to 41 months in prison on extortion charges

    Cantwell went viral after he posted a YouTube video of himself crying and pleading with police not to hurt him.

  • Biden nominee Neera Tanden’s tweet about Joe Manchin’s daughter may come back to haunt her

    The Democratic operative criticised the Senator’s daughter for receiving a pay increase as a CEO

  • Pfizer is testing a 3rd booster shot to bolster its COVID-19 vaccine against new variants

    Vaccine makers are testing the safety and efficacy of third doses in anticipation of new coronavirus variants.

  • Teen Accused of Killing Disabled Sister as Parents Slept

    Facebook/Lancaster County District AttorneyA Pennsylvania teenager is facing charges after allegedly fatally stabbing her wheelchair bound older sister—then hysterically calling 911 to confess to the crime.Claire Elaina Miller, 14, has been charged with homicide after calling authorities on Feb. 22 to admit she stabbed her older sister, 19-year-old Helen Miller, while her parents were asleep, according to the Lancaster County District Attorney’s office. The elder Miller, who had cerebral palsy, died from a stab wound to her neck.“I stabbed my sister,” Miller repeatedly told police when they arrived at the house. Since Miller is being charged as an adult, she was denied bail during a Monday arraignment.According to a probable cause affidavit obtained by The Daily Beast, the Manheim Township Police Department arrived at the home just after 1 a.m. to find Miller, a ninth-grader at a local private school, standing in front of the house close to “what appeared to be blood on the snow near the driveway.”“Miller appeared to be attempting to wash her hands in the snow,” the affidavit states, adding that the teenager also had blood on her pants.Police say Miller directed them into her older sister’s bedroom, where Helen was found with a “pillow with blood stains” over her face. One of the officers removed the pillow and “found a large knife in Helen’s neck, just above her chest.”“Helen was lying on her back with her hands up near her head,” the affidavit states, adding that there was a “large amount of blood” pooled near her chest and bed. Lifesaving measures were “unsuccessful” and she was pronounced dead at 4:13 a.m. On Wednesday, the coroner’s office released an autopsy report confirming Helen Miller died from multiple stab wounds. Authorities also confirmed to The Daily Beast that the 19-year-old had cerebral palsy and used a wheelchair.Police say the girls’ parents were asleep during the incident that has sent shockwaves through the small Pennsylvania community about 75 miles west of Philadelphia.`“When I heard about this I was almost instantly upset about it myself over the details that had been related to me,” Manheim Township Police Chief Tom Rudzinski told WHTM. “I don’t know that I have ever been a part of something that is quite as sad as this.”Prosecutors and police, however, have not offered any details about a motive. An attorney for Miller did not immediately respond to The Daily Beast’s requests for comment.“The investigators are going to be asking those types of questions, conducting those interviews of everybody that was involved, and trying to determine a timeline [for what] would have led to this awful event,” Rudzinski said.Lancaster Country Day School officials confirmed to The Daily Beast that Miller was a ninth-grade student at the school of about 550 students. “As a tight-knit school community, we are of course shocked and saddened by this tragic event and are focused on supporting one another,” a school spokesperson said. A spokesperson for the Manheim Township School District confirmed that Helen Miller received educational services from a school within the district.“We were so saddened to learn of Helen’s tragic and unexpected passing,” the district said in a statement. “Our hearts go out to the family and friends of the Miller family. This is a devastating tragedy.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

  • The more data we get, the more it seems vaccinated people aren't spreading the coronavirus

    A preliminary study from Israel suggests people vaccinated against COVID-19 have lower viral loads, which are linked to less spread of the virus.