Aida Kimiagar quoted in "Simpler tax rules for home office deductions", CBA National Magazine
Excerpt from "Simpler tax rules for home office deductions", CBA National Magazine
Eligible employees “can deduct $2 per day that they worked from home (up to a maximum of $400) by filing a simplified Form T777S (Statement of Employment Expenses for Working at Home Due to COVID-19) with their tax returns,” says Aida Kimiagar, a tax lawyer with Goodmans LLP. “Additionally, under the flat rate method, employees do not need to keep supporting documents for their expenses.”
To read the full article, click here.