Tax tips for job seekers

Tax tips for job seekersTax tips for job seekersFor a job seeker, what expenses are tax-deductible?While taxes and tax law are definitelyelendmy area of expertise* Ill stick to the job search, thank you very much I wanted to provide some information to help my fellow taxpayers who are currently looking for a job. So I did a little digging and came up with three helpful tax tips for job seekers. Use these steps to learn more about tax deductions and how you may be able to increase your potential tax refund.Find out if youre qualified.If youre searching for a job in your current (or recently current) field, your expenses are deductible. However, if you are a recent college graduate or youre trying to switch careers, your job-search expenses are not deductible. Similarly, if you voluntarily left your last gig and took a substantial amount of time off before starting your search, your expenses are not deductible.Know what is tax-deductible.For those of you who qualify, many of your job -search expenses can be deducted. This includes paid subscriptions for services like Ladders Premium membership employment agency fees the price of your professionally-written resume (and any costs associated with preparing and mailing your resume) admission fees for job fairs or other job-related networking events and telephone, transportation, and travel expenses directly related to the job search.Seek out professional help.Here Ladders, we believe that there are three things you never do by yourself never write your own will, do your own taxes, or write your own resume. If youre not sure if the interview suit you bought can be deducted, dont guess talk to a professional. Visit the official government site ( www.irs.gov ) or stop by your local HR Block for expert advice. Round up all your receiptsand email confirmations so youre prepared for the conversation.As we know, searching for a job can be expensive not to mention stressful. Use these tips to help you get the best tax ref und possible. If you didnt utilize all these tools last year consider purchasing one of these now and save the receipts for next years taxes.*Please note that I am not a lawyer or accountant, and am not qualified to provide you with legal advice. I can offer some guidance, but they are only my opinions and have not been confirmed with a lawyer. I strongly urge you to seek out a certified tax professional if you have legal questions regarding your taxes.