If you took advantage of your company's flexible work from home policy last year, don't be surprised if all those receipts you diligently kept all through the year for tax deductions end up in the bin ...
Over the past five years, the number of Americans working from home full-time has seen a significant shift. However, despite ...
Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage employees ...
Remote work has radically changed our conception of "the office." The Pew Research Center estimates that 14% of all employed adults over 18, or roughly 22 million people, are currently working from ...
Working from home has its perks, and one of them could be a tax break — if you qualify. The home office tax deduction lets self-employed individuals, freelancers and small business owners write off ...
The 2025 tax season is officially underway, and the Internal Revenue Service (IRS) is already processing early submissions ahead of the April 15 deadline. Among these, the IRS is particularly vigilant ...
A popular tax deduction that is often taken yet needs additional consideration is the home office deduction. It’s relatively easy for taxpayers to deduct the cost of a home office. To qualify for a ...