Work from home? Watch out, the taxman is coming

Here’s a piece of interesting news! According to the inner and confirmed sources, the taxes are getting imposed soon on remote workers? More details below! 

Now, if you are used to working from home and want to keep doing it even if the epidemic ends next spring? Besides, working from home means more time with family, and less time on the go and you think that you can now manage things perfectly while working from home? Well, in several cases you now work remotely from a peripheral community with little, but wait what are the new taxes? So why should you keep paying a hefty income tax to a city you no longer work in?

In the meantime, the pandemic began, a cumulative number of cities have passed laws requiring you to pay tax income if you are not in where your company is located, not where you live. Now, more Cities and states are looking to introduce new taxes on home workers. While, more known cities like New York and Chicago, and even mid-sized cities like Cincinnati, Denver, and Baltimore, could be destroyed if all the people who now work remotely no longer pay the city tax. It’s a rule called “employer convenience,” even though nothing is suitable for employees It says your employer has the right to list you as still a city limits worker, even though your office is a suburban spare bedroom. But wait, there’s more, some states are now considering imposing an additional tax on all home workers.

According to the report the new income tax is about to get a proposal for a 5 percent income tax on public transportation, highways, and other infrastructure that is now not used to the same extent. Protagonists say home-based workers save that much, and they don’t have to pay petrol, parking, mass transit, and lunch fees every day. What are your thoughts on it? Are you saving by working home? Let us know by commenting below!

Leave a Comment