With employees across the county now unexpectedly working from home, life is suddenly much different and it raises many questions. From how to stay productive in a house full of distractions, to the best way to set up a makeshift home office, you may be learning on the fly how to navigate these uncharted waters.
One topic that has come up is whether new remote workers will have any basis for taking a home office deduction on their tax returns. The answer is… it depends. [Read more…] about IRS Home Office Rules: What Counts During the Coronavirus Pandemic