tax consequences of job loss

May 24, 2016 | Juanita Farmer, CPA

Lost Your Job? There Could Be Tax Consequences

Given current economic conditions, you may be faced with tax questions surrounding a job loss and unemployment issues. Here are some answers: Q: What if I receive unemployment compensation in 2016? A: Unemployment compensation you receive under the unemployment compensation laws of the United States or of a state are considered taxable income and must be […]

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