As of Oct 2010, the US unemployment rate was estimated at 9%. Job loss creates tax issues and income tax returns for the unemployed are tricky. To shed light on this subject, CPA and CEO of Wealth Building CPA, Ebere Okoye, has written a new e-book, “Top 20 Tax Planning Tips for the Unemployed."
“Top 20 Tax Planning Tips for the Unemployed” provides in-depth explanations of tax questions that arise for the unemployed. Some of these questions include:
Is Severance Pay taxable?
If I sell other assets like stocks, bonds, and investment property, are they immediately taxable?
What can I do if I owe taxes and cannot pay them?
What if I withdraw money from my qualified retirement plan or IRA?
Can I deduct any of the expenses that I have from looking for a new job?
Is health insurance deductible?
Below is a free copy of the new book.
Top 20 Tax Planning Tips for the Unemployed
About the Author
Ebere Okoye is the CEO of Wealth Building CPA and a Certified Public Accountant. She holds a B.S.in Accounting and MBA from the University of Maryland. Her unique areas of expertise give her an in-depth understanding of the mistakes individuals and businesses make in their tax planning and investments. She advises clients on how sound financial strategies can lead to a steady gain in income and profitable investments. Contact us today for a FREE initial Consultation 301.830.6830.
Email: info@WealthBuildingCPA.com
Twitter: @WBCPA | Facebook
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