Tax deductible job hunting costs

Tax deductible job hunting costs

According to the Bureau of Labor Statistics, in July 2014 there were 9.7 million people unemployed, many of them looking for a new job. Although job hunting can be expensive, the IRS lets you take many of those expenses as a tax deduction, within limits. When tax time...
Miscellaneous Deductions Can Cut Taxes

Miscellaneous Deductions Can Cut Taxes

You may be able to deduct certain miscellaneous costs you pay during the year. Examples include employee expenses and fees you pay for tax advice. If you itemize, these deductions could lower your tax bill. Here are some things the IRS wants you to know about...
Deducting Moving Expenses

Deducting Moving Expenses

If you move because of your job, you may be able to deduct the cost of the move on your tax return. You may be able to deduct your costs if you move to start a new job or to work at the same job in a new location. The IRS offers the following tips about moving...
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