JOB SEARCH EXPENSES CAN BE TAX DEDUCTIBLE - IRS HELP

Taxpayers who are looking for a new job that is in the same line of work may be able to deduct some job-hunting expenses on their federal income tax return, even if they don’t get a new job.

ADVANCE TAX RELIEF LLC – Serving All 50 States
www.advancetaxrelief.com
Call (713)300-3965 - Free Consultation
BBB A+ RATED
**Over 10 Million in Tax Debt and Penalties Forgiven for our clients

Here are some important facts to know about deducting costs related to job searches:

SAME OCCUPATION. Expenses are tax deductible when the job search is in a taxpayer’s current line of work.

RESUME COST. Costs associated in preparing and mailing a résumé are tax deductible.

TRAVEL EXPENSES. Travel costs to look for a new job are deductible. Expenses including transportation, meals and lodging are deductible if the trip is mainly to look for a new job. Some costs are still deductible even if looking for a job is not the main purpose of the trip.

PLACEMENT AGENCY - Job placement or employment agency fees are deductible.

REIMBURSED COST -  If an employer or other party reimburses search related expenses, like agency fees, they are not deductible.

SCHEDULE A - Report job search expenses on Schedule A of a 1040 tax return and claim them as miscellaneous deductions. The total miscellaneous deductions cannot be more than two percent of adjusted gross income.

Taxpayers can’t deduct these expenses if they:
1) Are looking for a job in a new occupation,
2) Had a substantial break between the ending of their last job and looking for a new one, or
3) Are looking for a job for the first time.

HIRE HELP TODAY!
If all of this seems too overwhelming, then hire a team of professionals to take care of this responsibility for you. Call Advance Tax Relief for a free consultation at 800-790-8574.

We are tax relief experts specializing in IRS back tax help, Installment Agreements, tax lien help, wage garnishment release, IRS Offer in Compromises, tax debt forgiveness and a whole lot more. Get a free consultation from an experienced tax relief expert today (800)790-8574

Some Recent Tax Settlements:
Mr. Dillard - CA Owed $6884, IRS settled for $400
Mr. Batiste - LA Owed $18513, IRS settled for $2972
Mr. Johnson - CA Owed $21,378, IRS settled for $4500
Ms. Gonzalez - TX Owed $28,816, IRS settled for $1700
Mr. Anthony - NY Owed $14,000, IRS settled for $900
Mr. Wilkes - CA Owed 32,211, IRS settled for $1250

Owe the IRS and need help? Call us to discuss your unique situation with Top Tax Attorney or IRS Enrolled Agent (800)790-8574 or visit www.advancetaxrelief.com

Connect with us:

BBB PAGE:
https://www.bbb.org/…/advance-tax-relief-llc-in-houston-tx-…

GOOGLE PAGE:
https://plus.google.com/+ADVANCETAXRELIEFLLCHouston

YELP:
https://www.yelp.com/biz/advance-tax-relief-houston

TWITTER:
https://twitter.com/irstaxpro?lang=en

FACEBOOK:
https://www.facebook.com/advancetaxrelief/

#TaxAttorneysNearMe
#IRSFreshStartInitiative
#IOweMoneytotheIRS
#PaymentPlanwithIRS.
#TaxesOwed
#FederalTaxLien
#TaxAttorney
#TaxResolutionServicesCompany
#TaxPreparation