Did you know you could deduct your expenses from a job search on your federal taxes? It’s not something that’s hidden or obscured in tax code, but it can be easy to overlook, especially when you’re filling out and filing your taxes on your own. One reason it’s easy to miss is how it’s categorized, in addition to the information that may be required. Qualifying for these deductions isn’t necessarily easy, but with a little diligence, you and most job hunters may be able to take advantage of what may be much-needed relief. CareerHMO is tax deductible for unemployed job seekers!
Gearing up to file your 2009 tax returns? So are millions of other Americans. Oddly we go from the cheer of the holidays, landing face first into one of the most stressful times for all of us: tax season. The 31 million of those who generated a limited income last year, or just couldn’t find work, are getting a “kind of” unexpected break by avoiding the heavy tax burdens they once experienced in years passed. January (or for those late filers, April 15) will not be the stressful time for them it has been in years passed. Probably the only perk of underemployment/unemployment.