I’m not sure why Uncle Sam waited so long to publish his tax guide for the newly unemployed. The US unemployment has been above 5% for over a year. We really could have used this last winter when the rate of new claims was at its peak.
And a note about manners, Uncle Sam. I don’t expect you to be overly touchy-feely, but after all, the people reading this document will have just suffered a traumatic life event. Couldn’t you have started a little gently? Perhaps, something like “the economy is going through difficult times, and many individuals like yourself have temporarily lost employment.” But nooooh. Your opening line is: “Severance pay and unemployment compensation are taxable.” Ouch. Harsh. Read the rest of this entry »
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