Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage employees ...

Working from home is much more common than it used to be. According to the Pew Research Center, just over a third of American workers telecommuted for their jobs last year. This is slightly lower than ...

If you took advantage of your company's flexible work from home policy last year, don't be surprised if all those receipts you diligently kept all through the year for tax deductions end up in the bin ...

Question: I just set up a home office for my new business that I am operating as a sole proprietorship. Accordingly, I will be filing Form 1040 with a Schedule C to report my business income and ...

Today's job market offers a range of employment options, many of which make it possible to earn income from home. However, working from home doesn't automatically qualify you for the home office tax ...

A popular tax deduction that is often taken yet needs additional consideration is the home office deduction. It’s relatively easy for taxpayers to deduct the cost of a home office. To qualify for a ...

If you were fully remote or a hybrid worker in 2023, you may be curious about the home office deduction for your tax return. While fully remote work is now less common, hybrid positions represented 13 ...

The way people work changed during the pandemic, and even though most companies have reopened their offices, many employees still do some work from home. Some work on a hybrid schedule with three days ...

If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say. Stream Los Angeles News for free, 24/7, ...

If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say. Only 7% of companies allowed fully remote ...