If you are one of the over 15 million people in the US that has found it necessary for any reason to search for a new job you can and should be reimbursed for the expenses associated with your efforts.
A properly executed job search can become costly.
Even if you have not spent money on an employment agency or employment services you still have had to spend money on things like driving to multiple interviews.
By claiming the available deductions on your taxes you can be reimbursed in excess of $7,500 depending on the amount of money your job search has cost you.
You may say, “Well, tax season is still a few months away. Why should I worry about this now?” The answer is, if you don’t know what you can be reimbursed for, and you don’t keep records your expenditures you can’t claim the deductions and be compensated.
You may also want to consider using verified, quality employment services if it will get you a job faster and you can be reimbursed for a large portion of the expenses anyway.
Here is a list of costs associated with searching for a new position that you can be compensated for.
1. Executive Placement and Employment Agency fees
2. Travel costs to and from a job interview
- gas
- oil changes
- depreciation of your vehicle
3. Cost attributed to attending network meetings, association meetings or any other efforts that benefit your job search
- These costs are primarily travel expenses, but you can also include things like the cost of business cards that you distribute at the meetings
4. 50% of related meals and entertainment
5. Any costs associated with the preparation, printing and distribution of your resume
6. Internet expenses
- Total cost of internet service / % of use to find a new job
7. Phone bills for all calls related to finding a job
8. Certain relocation and moving cost
Remember that you need to document all cost incurred that are associated to your job search. Documentation should include receipts of purchase and a written log. There is no reason that you should bare the burden of all the costs associated with finding a new job.
Even if you use all free resources to find a new opportunity there are still many costs like gas and business cards that can add up very quickly and you should be reimbursed for these expenses.
Even if you use all free resources to find a new opportunity there are still many costs like gas and business cards that can add up very quickly and you should be reimbursed for these expenses.
For more information on how to get your job search in high gear click on the link to the left.
an aging actor oh so furious
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