Meet New Yorkâs new $15 minimum wage and 12-week paid family leave law, which is the longest allowed leave in the U.S. As part of New Yorkâs 2016-2017 budget approval process, Governor Andrew Cuomo signed two pieces of legislation affecting employers: a minimum wage increase and paid family leave.
IRS publications say that you can deduct mileage driven from your home to work sites if your home is your principal place of business. But itâs actually more complicated than that: to qualify as a principal place of business, your home office must be used regularly and exclusively as your principal place of business.
You daily round-trip commute is now a business deduction, due to a simple tax loophole that says: Any miles driven between two business locations are deductible business miles. The fact that one of those two locations just happens to be your Home Office is fine and dandy with the IRS.