The commonwealth of Virginia is trying to encourage local businesses to have their employees work from home, offering tax credits to help offset the cost.
Virginia is offering tax credits to businesses that allow employees to work remotely. Legislation adopted this year provides up to $1,200 in credits per employee or up to $50,000 per company, for eligible telework expenses incurred during 2012 and 2013. The program has an overall cap of 1 million dollars.
To be eligible, employers must apply with the Virginia Department of Taxation by October 31st.
The bill's sponsors say telework reduces traffic, improves productivity, and lets some workers spend more time with their families and less time on the road.