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Tax Tips for Those in Career Transition

Article Index
Tax Tips for Those in Career Transition
Unemployment Benefits are Taxable
Withholding is Voluntary
A Tax Break Helps in 2009
Job Seeking Expenses are Deductible
Self-Employment Expenses Can Help
Health Insurance and Other Medical Expenses
Unemployed Status Waives Hefty Penalties
Get Ready
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Unemployment catches many people off guard, but losing your paycheck doesn't get you off the hook with the Federal Government when it comes to your taxes. April 15th is right around the corner and for many who have had (or are currently) in a career transition, it will be important to make sure that you are prepared.

Your best bet is to consult a tax professional. The author of this article is not a tax professional and will also be seeking advice when he gets ready to do his taxes! But to help us all get a bit more prepared, here are seven tax tips to get you started…

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