March 19, 2005 3:54 PM
Being unemployed is a taxing situation
Posted by Colin Moorat 3:54 PM
Conducting a job search has its challenges, but there are some potential tax advantages to being unemployed that you should be aware of when preparing your filing paperwork this year. Jackie Perlman, of H & R Block, provides some practical guidance in an article posted on CareerJournal.com.
The tax man is on your side when you're job hunting. Search expenses are deductible as long as you are looking for a new position in your current field -- even if you're still working.
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