In a post-pandemic world, 16% of companies have gone fully remote. Many workers have embraced and adapted to this new setup.
The shift from the office building to the home office, however, carries complicated tax consequences for businesses that have yet to fully adapt to this new model of working.
Since states’ COVID-19 pandemic guidance on temporary telecommuting is long expired, accounting advice from CPAs is in high demand as employers remodel their tax strategies. Consider these tax consequences of remote working.