Important Tax Information for Job Searches
Here is a Recent News Article to check out The Tax Deduction for Job Searches.
This is very important information not all job seekers know – and not enough of them take the time to track this I think. It’s worth it. Set up an Excel spreadsheet for your expenses and track them there. That’s one of the easiest ways to do this. Plus career counseling or coaching can also be considered tax deductible. Consult with your accountant but depending on your situation, it may be a miscellaneous itemized deduction or a full deduction (Self-Employed / LLC Member / S Corporation Shareholder). It’s worth finding out and adding this to your expenses!
Job Seeker Coach