
Did you or your employees work from home during at least four consecutive weeks in 2020 due to COVID-19 safety measures? Maybe you’re browsing our website from your home office during the second provincial lockdown in Ontario. We have some good news for you this tax season. In the link below, RSM Canada outlines Canada Revenue Agency’s guidance for claiming home office expenses, and the new, simplified temporary flat rate method for 2020 that may be used by employees to calculate and claim home office expenses, without the need for an employer’s certification or supporting documentation.
Read the full article here: RSM Canada: Employee Home Office Expense Deduction Simplified
This article, written by RSM Canada provides an overview of the above noted topic and outlines the eligibility and application requirements and process. For questions specific to your business or employees, please contact your trusted Ford Keast advisor.
Article written by RSM Canada and referenced with permission as a member of RSM Canada Alliance.