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

Sklover Working Wisdom

Deductible moving expenses include the cost of moving household and personal effects, as well as transportation and hotels – not including meals – incurred in getting to your new home. 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. “When the devil loses his job, he becomes a tax collector.”.

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