PARSIPPANY, N.J.--(BUSINESS WIRE)--As yet another way Jackson Hewitt Tax Service® is working hard for hard working Americans, the company has identified tax tips and deductions specific to taxpayers in the hardest working cities. Recently, WalletHub® announced 116 of America’s Hardest Working Cities evaluated on seven dimensions, including labor force participation rate, average hours worked and the number of workers with multiple jobs. With these cities in mind, Jackson Hewitt offers the following tips to those last minute filers.
Taxpayers in a booming job market, like 20th ranked city Houston, can deduct job-seeking expenses. The cost of a recruiter, transportation for getting to interviews, postage, printing, or other fees to write your resume can all be taken as deductions.
If entertaining clients is a part of your job, like in #15 ranked Dallas and #8 ranked San Francisco, taxpayers can deduct a portion of meals shared with clients from their taxes. Business or potential business must be discussed before, after or during the meal to claim the deduction.
Hardworking taxpayers in top commuting cities, like #6 Jersey City and #11 Washington DC, should look for employer voucher or income incentives for carpooling, using mass transit or monthly parking. If your employer helps offset these costs or pays the expense, they should be excluding up to $250 of that payment from your income each month, which can save you as much as $119 in taxes this year.
For anyone looking to gain additional skills in their job, these taxpayers can also deduct the cost of job-related training or continuing education courses. Plus, if you have to travel outside your home state to attend the training, your transportation, meals and even your lodging costs may be deductible as well. Just make sure the training is business related.
Jackson Hewitt is offering to file free extensions for clients who need more time, which will avoid the failure-to-file penalties, which are ten times more costly than the failure-to-pay penalties.
“At the beginning of the tax season, we promised to work hard for the hardest working Americans. We wanted our clients to know we would be their tax and financial advocate, fighting to get them the biggest refund they deserved,” said David Prokupek, CEO Jackson Hewitt. “We’re open late and digging deep to make filing a tax return or extension as convenient as possible through the final hours of tax season, and we’re available for advice throughout the year.”
For more information about Jackson Hewitt, visit www.jacksonhewitt.com.
About Jackson Hewitt Tax Service Inc.
Jackson Hewitt Tax Service Inc. is a leading full service multi-channel tax preparation company with approximately 6,300 franchised and company-owned locations including nearly 3,000 locations in Walmart stores throughout the United States. Jackson Hewitt also provides a full suite of online and mobile tax filing solutions for the “do-it-yourself” marketplace at www.jacksonhewittonline.com. We hold our approximately 25,000 professional and certified tax preparers to the highest standards in the industry and stand behind our work with our Biggest Refund and 100% Accuracy Guarantees. For more information, product and offer visit www.jacksonhewitt.com or call 1-800.234.1040.