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Planning Ahead
The
holidays are over, the new year begun and you may be
feeling a bit of the post-holidays slump. Cheer up:
There is another special day just round the corner
that many people have highlighted on their calendars
April 15.
Sure
April may seem like a long way off now, but its
not a bad idea to start thinking about the tax season.
According to IHateFinancialPlanning.com, youll
be glad you did. The financial planning Web site, tailored
to those who perpetually procrastinate their personal
financial planning, points out that many folks are eligible
for deductions that they dont even know about,
including:
Interest on college loans
License tags for your car
Accounting fees for tax preparation
Losses from casualty or theft
Costs associated with looking for a new job in
your present occupation, including fees for resume preparation
and employment outplacement
agencies
Educational expenses to the extent required by
law or your employer, or needed to maintain or improve
your skills
Dues for labor unions
Protective clothing required at work
Subscriptions to profes- sional journals
Data:
©1996-2002, ARA Content
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to Virginia Business - January 2003
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