NEW YORK (CNNMoney) -- For unemployed Americans who have watched their savings diminish as they look for work, tax season may finally bring some relief.
Out of work job seekers can deduct all sorts of expenses, including the cost of printing and sending hundreds of resumes, hiring headhunters, even what they spend on travel to interviews. There are also tax perks they can qualify for if they decide to throw in the towel on the job search and become self-employed or freelance.
And for those who can't come up with the money to pay their taxes right away, the IRS is offering the unemployed additional help this year -- a "grace period" that will give them extra time to pay their tax bill without incurring penalties.
No comments:
Post a Comment