COVID-19 Pandemic Is Creating Important Tax Implications for Those Working From Home

"During the pandemic families have had to shelter in place and both parents and adult children have been forced to work from home. Given the lack of a vaccine, this trend may continue for quite some time. It is difficult to predict if these societal changes will have a long-term effect.  For example, Facebook recently announced that it will begin allowing certain employees to permanently work remotely and, within a decade, Facebook expects that half of its employees will do so."

Read Mike’s full take here.