“Many Immigrants Start Job Search in Chinatown” plus 1 more |
| Many Immigrants Start Job Search in Chinatown Posted: 22 Feb 2011 09:49 AM PST [fivefilters.org: unable to retrieve full-text content] The neighborhood has emerged as a launching pad for all kinds of immigrants, not just Chinese, who are seeking a foothold on the economy's bottom rung. |
| Posted: 21 Feb 2011 05:42 PM PST  Is job hunting a tax deduction? In many cases it is but be careful. Remember–It's the IRS so you know there are some rules. With so many still unemployed it is very hard seeing positive side to hoping your unemployment check comes in a timely fashion. However, there is. Your job search could be reimbursable via your tax return. Many taxpayers spend time updating their résumé and attending job fairs. However, you may be able to deduct some of your expenses on your tax return. Here are several things the IRS wants you to know about deducting costs related to finding a new job. 1. To qualify for a deduction, the expenses must be spent on a job search in your current occupation. You may not deduct expenses incurred while looking for a job in a new occupation. 2. You can deduct employment and outplacement agency fees you pay while looking for a job in your present occupation. If your employer pays you back in a later year for employment agency fees, you must include the amount you receive in your gross income up to the amount of your tax benefit in the earlier year. 3. You can deduct amounts you spend for preparing and mailing copies of your résumé to prospective employers as long as you are looking for a new job in your present occupation. 4. If you travel to an area to look for a new job in your present occupation, you may be able to deduct travel expenses to and from the area. You can only deduct the travel expenses if the trip is primarily to look for a new job. The amount of time you spend on personal activity compared to the amount of time you spend looking for work is important in determining whether the trip is primarily personal or is primarily to look for a new job. 5. You cannot deduct job search expenses if there was a substantial break between the end of your last job and the time you begin looking for a new one. 6. You cannot deduct job search expenses if you are looking for a job for the first time. For more information about job search expenses, see IRS Publication 529, Miscellaneous Deductions. This publication is available on IRS.gov or by calling 800-TAX-FORM (800-829-3676). www.aarp.org/money/taxes/infor-07-2010/tax-tips-for-job-seekers.html www.moving.comarticles/job-hunting.asp This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
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