Monday, December 31, 2012

More Jobs Likely in 2013

If you are job hunting 2013 may be your year ~ check out this article By James Limbach A Washington, D.C., reporter for more than 30 years, Jim Limbach covers the federal agencies for ConsumerAffairs. Previously, he was a reporter and news anchor for Associated Press Broadcast Services, where he covered business and consumer news as well as space shots and other major spot news events.

Wednesday, December 26, 2012

Tax Information for Unemployed

Information provided by the Project Compass Workforce Recovery 2012 in associationship with the Florida Division fo Library Services:

Those of us facing financial difficulties may find that there's a tax impact to events such as job loss, debt forgiveness, or tapping a retirement fund.

For example, if ones income decreased, they may be newly eligible for certain tax credits, such as the Earned Income Tax Credit.

The Tax Center to Assist Unemployed Taxpayers from the Internal Revenue Service (IRS) provides your patrons with needed information and online tools about their federal tax obligations. One of these tools, Internal Revenue Publication 4128, uses a question and answer format to address tax questions created by job loss. The publication is also available in Spanish
  
Florida Office of Reemployment Assistance sends out a Form 1099-G, showing the amount of benefits paid and the amount of withholding tax which was forwarded to the IRS, by January 31. The form is mailed to the patron's last official address of record on their benefits claim.
  
If you have questions concerning the amount of benefits received or tax withheld shown on the form, they should call the Reemployment Assistance hotline toll-free at 1.800.204.2418, option 2, and a customer service representative will help them.

Wednesday, December 5, 2012