If you've been hit by a job loss ...

OK, this is valuable, so listen up.

The IRS has just revised a publication, Tax Impact of Job Loss (Pub. 4128). It has some valuable information for you to read if this affects you. Interestingly, when job losses mount, people with skills very often start their own businesses and this usually jump starts the economic engine of the nation. With that in mind, taxpayers who pay attention to one of the questions about starting their own businesses may wish to consider reviewing Publication 334, Tax Guide for Small Businesses.

Owen S. Arnoff, Enrolled Agent
Admitted to Practice Before the Internal Revenue Service
http://www.betterbusinessventures.com
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