The day has finally come, and for a job seeker, taxes can be a confusing process. But, it doesn’t have to be! First and foremost, always speak with a tax professional. While it may be less expensive to file your taxes on your own, a tax professional will assure that you are filing correctly. As a job seeker, it is especially important to collect all of your deductions from the past year. This will help speed up the process, and ensure you will be in and out of the tax professional’s office in no time.
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- You will be able to deduct your job search expenses only if you are searching for a job in your current field. So, that means that if you are a recent college grad or have decided to change careers, then your job search expenses will not be deductible. In addition, if you left your job voluntarily, you may or may not be able to deduct your expenses. (Each situation is different; that is why it is important to speak with a tax professional).
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- What can you deduct? Here are a few items you may be able to deduct: resume and career coaching, job fairs, networking events, and travel expenses.
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If you are a job seeker, our recruiters are here to help make your job search an easy one! They are happy to talk to you about opportunities that fit your skills. ([email protected])
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Innovar Group – Denver’s Premier IT Staffing Firm