Remote work is on the rise, and this has implications to your tax deductions. According to a survey done by FlexJobs.com and Global Workplace Analytics, remote work has spiked 159% between 2005 and 2017. Not only that, but remote work is impacting real estate. A report completed by Zillow indicated that more than half of home buyers who work remotely say remote work has influenced a major home change.
Some expenses are deductible whether or not you use your home for business. Others are deductible only if the home is used for business.
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