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OK, let's start with the basics: You will need to need and master the following.

Cover Letter
Job Interview
Job Recruiters

Remember to be honest in your assessment of how you can HELP the company achieve THEIR goals-not yours. The world owes you nothing. Approach the search from the perspective of how you can add value. The more value you add, the more you will be paid-It really is that simple. If you don't have the skills necessary for where you want to go, you may need to get additional training. We are either going backwards, treading water or moving forward.

Always consult a tax advisor for the rules as they pertain to your situation and/or visit the IRS online at http://www.IRS.gov 1-800-829-1040 is their toll free help number to free advice.

Did you know that you MAY be able to deduct some of your job hunting expenses. This includes such things as career counseling and travel expenses, printing and postage, as well as phone calls. While these are called miscellaneous itemized deductions, they are only going to be deductible if-combined with other miscellaneous itemized deductions-exceed 2% of your AGI. Here are a couple of other things that apply-they have to be for a job search within your current occupation, they can't be for your first job search, and there can not have been a "substantial" time that has passed between losing your old job and when you begin looking for the new one.

If you must move/relocate for a new job, your moving costs to ship your stuff may well be deductible too. If you receive a relo package with money from the new employer, this amount will of course offset any deduction.

DON'T forget-unemployment IS taxable as income. Some people forget and don't have any taxes withheld. Then, at tax time, find they owe quite a bit of money. Don't let that be you!

Lastly, taking money from a qualified plan or IRA may allow you qualify for certain hardship provisions that would still make the income taxable, but without the 10% penalty. For example if you are over 55 and have a 401K, and have been laid off, you will qualify for avoiding the 10% penalty.

"Every Company Has Room For The Man (Woman) Who Has A Definite Plan Of Action Which Is To The Advantage Of That Company"

Napoleon Hill

Remember John Belushi as Bluto? Here he is giving a motivational speech as only he can do it!

Watch Belushi

Regarding specific blog postings, external links and any other information found on this site, neither John Mazzara nor RE/MAX Results assumes any responsibility nor guarantees the accuracy of this information and is not engaged in the practice of law nor gives legal advice. It is strongly recommended that you seek appropriate professional counsel regarding your rights as a homeowner. John Mazzara and RE/MAX Results are not associated with the government, and our service is not approved by the government or your existing lender. Even if you accept this offer and use this site and/or our services, your lender may not agree to change your loan should you decide to pursue a short sale or any other change involving your loan or loan terms and conditions. If you should decide to engage our services in marketing your home as a short sale, there will be no up front cost to you and you may cancel our listing contract at any time.

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