Mellody on the Move: Unemployment Questions

Hobson said that on the front-end you should be extraordinarily disciplined about how much you are willing to commit to the business.

Web Extra Tips from Hobson

President Obama's healthcare bill is going to help the unemployed immediately because young adults can now remain on their parents' plan until they are 26. In the past they were dropped at 19 or when they finished college. Additionally six months after the law is enacted, every state is required to set up a temporary high-risk pool for individuals who are unemployed, very sick, and cannot get a policy. Finally in 2014, each state will be required to establish a healthcare exchange, which will provide government-subsidized insurance to everyone.

With tax day just having passed, this is a good time to remember that job hunting expenses are tax deductible. If you are looking for a job in the same field, you can deduct some of your expenses such as resume prep and employment agency fees. You can claim these expenses as long as your miscellaneous itemized deductions exceed 2 percent of your adjusted gross income.

Do not hide financial difficulties from your family. Have them suggest cost-cutting measures and job hunting strategies. This will help them understand your situation, and they will feel like they are pitching in.

Click here to return to the "Good Morning America" Web site.

-- This embed didnt make it to copy for story id = 10488365. -- This embed didnt make it to copy for story id = 10488365. -- This embed didnt make it to copy for story id = 10488365. -- This embed didnt make it to copy for story id = 10488365. -- This embed didnt make it to copy for story id = 10488365. -- This embed didnt make it to copy for story id = 10488365. -- This embed didnt make it to copy for story id = 10488365.
Page
  • 1
  • |
  • 2
Join the Discussion
blog comments powered by Disqus
 
You Might Also Like...