Home Office Expenses: What You Need To Know
As the COVID-19 pandemic continues, many people are still working from home. This arrangement raises important questions. May employees take advantage of tax breaks related to having a home office? Must the employer pay for the expenses of setting up a workspace at the employee’s home? What related information should employers and employees be aware of? Workers may be able to obtain tax deductions or tax-free reimbursements from their employer due to working at home, but they have to meet specific requirements as follows.