Who could have imagined a year like 2020? It feels like the entire world has been turned on its head. Among those lucky enough to still have jobs, many are now remote teleworking, and who knows if any of those positions will ever be office-based again. This has both employers and employees wondering just what the future holds.
The COVID-19 pandemic also brings up some thorny tax questions as we move into tax season. Both employers and employees need to understand the ramifications of this unusual year. Since remote work allows employees to maintain a home office from basically anywhere with a computer, phone, and internet connection, what happens if the worker changes states? What if they decide to take a remote job from a foreign country?