As from the 2018 tax year, there were changes made to the laws in the US relating to certain job-related expenses. Some of them are no longer deductible. Employees who work from home are growing in numbers and in many cases, there are some deductions they can still make. From a business point of view, it can be a cheaper option to have staff work from their own home rather than renting an office for them. Technology has made it possible for this to happen, so what things are there that they can still claim tax relief for?
Just because you don’t work in an environment that isn’t overly risky, such as on an oil rig or in a mine, doesn’t mean that sudden disability isn’t a risk to you. 1-in-4 adults currently working are expected to have a disability by the time they’re 63 years old. This means that we all have to prepare for the risks and do what we can to mitigate them.