What if your employer reimburses you for the loss? No offset of an otherwise nondeductible loss against the reimbursement, because they're separate transactions. The loss stays nondeductible. Nor is it permissible to include the reimbursement as part of the selling price and avail yourself of the exclusion.
At first blush, it may seem like civil forfeiture is different than the usual methods of justice: targeting poor people who have nothing and placing them in jail. As hard as state and federal governments may try, you can't take nothing from nothing so indigent populations are impervious to forfeiture schemes.
This mania for privatization has reached the Internal Revenue Service and taxpayers should be worried that tax investigations might become a political prize handed out to campaign donors. that profit-oriented companies engage in controlling tax investigations instills a whole different level of fear.
Former CTO of the US, Todd Park, is now chief advisor of the US Digital Services and has been given the formidable task of "Crossing the Chasm" between the US government and the people. But unlike most government programs that utilize internal resources, the USDS will leverage private tech sector talents to provide solutions.