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Job Change? Ten Tax Tips – Things to discuss with your tax advisor

Sklover Working Wisdom

COBRA and unemployment benefits are taxable, as well – Regardless of whether an employee resigned or was terminated, sometimes former employers pay health premiums or reimburse their former employees’ insurance premiums for a period of time. Unemployment benefits, too, are taxable, as well. If you are making such a move, do not hesitate to ask your new employer take that into account when determining your compensation level.

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