Tax Benefits for Job Seekers - You may be able to deduct some of your expenses for looking for a job. Here are some deductions related to your job search.
- Expenses must be spent on a job search in your current occupation
- Employment and job agency fees
- Cost for preparing and mailing copies of your resume to prospective employers
- Travel expenses to and from a new area to seek employment
Starting a new business - Here are some things you need to know when starting your new business.
- Decide your business entity ( Sole Proprietorship, Partnership, Corporation or S Corportation)
- Your entity determines what taxes you must pay and how to pay them. (Income Tax, Self-Employment Tax, Employment and Excise tax)
- Employer Identification Number (EIN)
- Decide your accounting period or tax year. (Calendar or Fiscal year)
- Use a consistent accounting method
New Sales and Use Tax Rates effective July 1, 2009
City of Laguna Beach (Orange County) rates are decreasing to 8.75%
Los Angeles County - Increasing to 9.75%
City of Avalon, El Monte, Inglewood, Pico Rivera and South Gate - Increasing to 10.75%
