You may be able to deduct certain expenses you incur while looking for a new job, even if you do not get a new job. Expenses may include travel,…

There are many tax credits that are subject to income limitations. If you had a reduction in income this year you may be eligible for some credits or deductions. For…

The loss of a job may create new tax issues. Severance pay and unemployment compensation are taxable. Payments for any accumulated vacation or sick time also are taxable. You should…

Unemployment compensation you received under the unemployment compensation laws of the United States or of a state must be included in your income. It is taxable income. If you received…