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Remote Work Yields Savings, But Watch for Tax and Jurisdiction Issues

While the rapid ascent of home offices may have initially come as a shock to more than a few corporate cultures, the truth is that business leaders who embrace long-term remote working can yield significant cost savings and boost employee morale.

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The pandemic helped to usher in a new wave of remote working — and given the rise of the Omicron variant, that wave seems unlikely to crest any time soon. While the rapid ascent of home offices may have initially come as a shock to more than a few corporate cultures, the truth is that business leaders who embrace long-term remote working can yield significant cost savings and boost employee morale. But first they need to strategize around any number of complex regulatory and compliance issues that can impact everything from business taxes to worker compensation — and often come as a not-so-pleasant surprise to employers without an in-house HR department.

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