In the July issue of the Journal of Taxation, Pillsbury Private Wealth partner, Mike Kosnitzky, explores the possible tax consequences of working from a primary residence or a vacation home during the pandemic.

Given that more have worked and will continue to work from home, there are important federal, state and city tax implications. While there is this quaint notion of home being a place where one’s heart and family are located, this is not the view of the Internal Revenue Service or many state and city taxing authorities.”

Read the full article here.