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After the pandemic, hybrid work schedules became more prominent, triggering tax implications. Last year, 12.7% of full-time employees worked remotely , and 28.2% had a hybrid work schedule.
Remote work can reduce traffic congestion and air pollution, with fewer cars on the roads. Most studies find that remote work overall results in a decrease in energy use due to less time spent on energy-intensive personal transportation, [69] cleaner air, [70] and a reduction of electricity usage due to a lower office space footprint. [71]
South Dakota v. Wayfair, Inc., 585 U.S. ___ (2018), was a United States Supreme Court case that held by a 5–4 majority that states may charge tax on purchases made from out-of-state sellers even if the seller does not have a physical presence in the taxing state.
About 46% of federal workers, or 1.1 million people, are eligible for remote work, and about 228,000 of them are fully remote, according to a report issued by the White House Office of Management ...
You must pay at least 90% of your tax liability for the current year or 100% of your tax liability from the previous year — whichever amount is smaller — before tax day to avoid the ...
A recent court ruling in California indicates the need of reimbursement if an employee is required to use their personal device for work. In other cases, companies can have trouble navigating the tax implications of reimbursement and the best practices surrounding reimbursement for personal device use.
Carousel fraud, explained by the Dutch State. Missing trader fraud (also called missing trader intra-community fraud or MTIC fraud) involves the non-payment of Value Added Tax (VAT) to a government by fraudsters who exploit VAT rules, most commonly the European Union VAT rules which provide that the movement of goods between member states is VAT-free.
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