Month: October 2011

Employee Business Expense Deductions

Often employees spend their own money in furtherance of their job. If these costs aren’t reimbursed, you may be able to get a tax deduction for them. If your employer pays for or reimburses you for your business expenses, then you can’t deduct them. If your employer has an “accountable” plan, meaning that you must… Read More

Moving for a New Job? What Expenses are Deductible?

Can you get an income tax deduction for your moving expenses? It depends. If you moved your home due to a change in your job or business location, or because you started a new job or business, you may be able to deduct your moving expenses. The move must be because of a job. It… Read More