H&R Block

Bottom line: Best overall service provider due to Free Federal Return, good support and audit protection
TurboTax

Bottom line: Easiest to use service with best online deduction finder tools
TaxACT

Bottom line: Great value for online tax preparation and filing but lacks audit protection
CompleteTax

Bottom line: Standard service with a few cool extras including a Maximum Refund Guarantee
TaxBrain

Bottom line: Solid, streamlined service but interface and pricing are a bit confusing
TaxSimple

Bottom line: Very limited support and spotty service availability; not recommended

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Job hunters may be eligible for bigger tax refunds then they are getting

January 23rd, 2008 - Posted by Joe

According to the New York Times, a number of job hunting related expenses are actually tax deductible and could lead to higher tax refunds or lower tax bills.

The article states:

Job hunters may be eligible for can take the following deductions, says Jackie Perlman, a senior tax-research analyst at H&R Block, in Kansas City, Mo.:

• travel expenses

• employment-agency fees

• resume-preparation fees

• career-counseling expenses

• the cost of advertising your services

• newspapers and other periodicals purchased for their help-wanted ads and

• legal fees paid to an attorney to review an employment contract.

We recently published a free online guide that compares online tax services and found that many of these efiling services will actually help you identify even more tax deductions.  Check out our online tax preparation guide at NextAdvisor.com.

2 Responses to “Job hunters may be eligible for bigger tax refunds then they are getting”

  1. Taxes » Job hunters may be eligible for bigger tax refunds then they are … Says:

    [...] Joe wrote an interesting post today on Job hunters may be eligible for bigger tax refunds then they are …Here's a quick excerptAccording to the New York Times, a number of job hunting related expenses are actually tax deductible and could lead to higher tax refunds or lower tax bills. The article states:. Job hunters may be eligible for can take the following … [...]

  2. Antonietta Sarver Says:

    What a great post, can I set it up so I receive an alert email whenever you publish a new update?

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