Job Hunting And Taxes

Posted on Tuesday, May 07, 2013

If you're job hunting, be aware of the potential tax breaks. You can deduct the costs of looking for a new job in your present line of work, even if you don't get the job. Typical expenses include travel to job interviews, resume costs, and employment agency fees. You must itemize your deductions, and your total miscellaneous deductions must exceed 2% of your adjusted gross income.

Posted in Tax And Accounting Topics For Business

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