Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs — particularly in certain industries including technology and media. If you’re laid off or terminated from employment, taxes are likely the last thing on your mind. However, there are tax implications due to your altered employment circumstances.
Continue Reading: A job loss is bad but the tax implications could make it worse
Despite the robust job market, there are still some people losing their jobs. If you’re laid off or terminated from employment, taxes are probably the last thing on your mind. However, there are tax implications due to your changed personal and professional circumstances. Depending on your situation, the tax aspects can be complex and require you to make decisions that may affect your tax picture this year and for years to come.
Continue Reading: Lost your job? Here are the tax aspects of an employee termination
COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two common situations.
Continue Reading: Tax implications of working from home and collecting unemployment
The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right now.
Continue Reading: Do you have tax questions related to COVID-19?
