With the tax season kicking off, if you are unemployed or were unemployed in 2009, you want to make sure not to miss out on many deductions and exemptions available this year. To help you navigate this year’s returns, we have put together this checklist of things to keep in mind. We recommend that you carefully study this list of the deductions and credits to which you may be entitled because of your unemployed status, before filing tax returns this year.
Here are some of the things to keep in mind:
2009 Stimulus Package for Unemployed
This year you can enjoy reduced taxes on unemployment income. Normally, individuals receiving unemployment benefits must report them as income and pay income tax on them. The 2009 bill signed by President Obama makes the first $2,400 of unemployment income nontaxable.
Any job loss is a very stressful life event, not just for the unemployed individual, but also for their spouse and for the entire family. If a family member loses their job, it affects the entire family and every family member has to deal with the loss and the emotions that come with it. Job loss brings along worries about getting through the tough times, uncertainty in the future, and sometimes frustration and even fear.
Even though they may not show it, men who lost their job, could actually be more affected emotionally than women. As old-fashioned as it may sound, many men still consider themselves to be primary providers, and a job loss for a man could lead to a serious depression, anxiety and a major blow to their self-esteem.
Pay freezes, layoffs and cost cutting strategies do not improve employee’s morale. A recent survey shows that over 22 percent of workers want to change jobs as soon as it will be possible. Companies might end up paying up to three times a worker’s annual salary to cover the cost of recruiting and training, as well as, due to the productivity loss.
Losing critical employees have always been an issue for employers. When the job market improves, more workers will seize the opportunity to jump ship. Employees with important skills will leave first. Though it probably won’t happen before the jobless rate falls to its normal value, which is not expected during this and even next year, it is now a good time to take proactive steps to retain the most valuable employees. Read this »
The biggest mistake in interviewing is not being fully prepared. It is doesn’t matter how knowledgeable you are and how much experience you have, but if you won’t be prepared for a job interview, most likely you won’t get a job. Here are five steps that would help you to prepare:
Step 1: Do Research Before the Job Interview.
Use every possible method to learn all you can about the company and position. The Internet makes researching companies pretty easy. Just simply type the company’s name using a major search engine, such as Google. If it is a big company, go right to the company’s website, as well as, competitors’ sites. Use investor web sites to learn what’s happening now in the news with this company and its competitors. Use bizjournals.com to find business news by industry and location. Take special note of the information that can be gained from the corporate annual report. Any candidate who has read the President’s Letter to the Shareholders will be way ahead of the competition. Read this »
I have recently written about employment discrimination and found that my explanations regarding age discrimination became a subject of many heated discussions and controversy. Needless to say, it is a very sensitive subject. The purpose of my article was to help those who are being discriminated against by shedding some light on how employers look at things and why discrimination takes place. In my opinion, Job Seekers who have this understanding are better equipped for dealing with discrimination.
I am going to attempt to do this again. This time I will be focusing specifically on Age Discrimination and on myths and facts surrounding it:
What is Discrimination?
Princeton Dictionary defines discrimination as “unfair treatment of a person or group on the basis of prejudice rather than individual merit”. I strongly feel that treating job seekers unfairly simply because of their age is wrong and unjustified. At the same time, however, I feel that it is in an employer’s right to test job seekers’ abilities in order to determine if they are fit to perform duties as required by the job. I think it is wrong to require an employer to hire someone because of anti-discrimination laws if such individual is not the best choice for the job. To me, this is actually discrimination in reverse. For example, hiring a candidate to satisfy diversity requirement and simply because of their race and not their abilities, is actually discriminatory against other better-qualified candidates.
For the most of us, a job interview could be a very stressful experience during which it is easy to make mistakes. Here are some simple recommendations to keep in mind during your job interview:
1.Do your homework so that you are familiar with the company’s mission, their products, services, clientele, etc. This will not only show that you’ve done the homework but will also build your confidence and ultimately help you answer questions better.
2. Don’t ever be late for a job interview. Late arrival to a job interview is never excusable. Plan to arrive at least 15 minutes earlier to make sure you are not late.
3. Do be friendly by giving a firm but not a bone-crushing handshake, making eye contact, smiling and speaking up. Address the receptionist (and everyone you encounter) with courtesy and respect. This is where you make your first impression.
4. Don’t ask questions about salary or benefits. These questions are really only appropriate if you have been offered the position or the interviewer expresses serious interest in hiring you.
When the U.S. labor market finally starts adding more jobs than it loses, we may find that some of our old jobs don’t exist anymore.
The economy lost over seven million jobs since the downturn started two years ago. The jobless rate doubled and reached 10%, according to the Labor Department. The recession is reshaping the labor market. While some lost jobs will come back, others are gone forever. Read this »
Body art is everywhere and most people can name at least one person they know who has some kind of body work done. People with tattoos work in a variety of industries and hold entry-level jobs, as well as, top executive positions. Based on the number of new tattoo parlors and the number of people getting tattooed, this trend doesn’t appear to be slowing any time soon.
So, is body art a workplace issue? Does having a visible tattoo say anything about an individual that is relevant to his or her job? Read this »