Don’t Forget About These Deductions If You Got a New Job Last Year
If you spent some time looking for work in 2014, you have a good chance of being eligible for a tax write-off. Deductions for expenses such as preparing a resume are popular; but other expenses like babysitting, travel, and networking can easily be overlooked. Let’s deal with this.
If you had to hire a babysitter to look after the children while you were doing something related to your job search (for example, going to an interview or traveling), do not forget to write off these costs.
How about an online event or conference directly related to your chosen career path? If you paid the entrance fee, you must deduct it as well.
In addition, travel expenses such as mileage, airfare, or hotel rooms are completely legal tax deductions. As long as your primary purpose of travel is to find a job, the IRS will not ask questions.
As with everything related to taxes, there is a fine print here. For more information on the above deductions, as well as others, follow the link below.
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