Job hunting? Take advantage of potential tax breaks

By May 8, 2017 April 23rd, 2019 Tax & Business Tips

As the job market continues to improve, more people are embarking on a job hunt. Did you know there’s a potential tax break in a job hunt? You can deduct the cost of looking for a job in your current field, even if you don’t get the job. Typical expenses are travel to job interviews, resume costs, and employment agency fees. You must itemize your deductions, and your total miscellaneous deductions must exceed 2% of your adjusted gross income.