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Veteran contributing editor Kay Bell writes Bankrate's tax stories from her Austin, Texas, home.
We'll help you understand the extremely complicated tax code in easy-to-understand language. Our tax expert Kay Bell provides resourceful tips and advice to help you stay prepared for filing.

Deductions aren't allowed for employment-search costs when there is a "substantial break" between your last job and when you begin looking for a new one.Finally, recent graduates are out of luck.
The costs associated with investigating or attempting to start your own business, as long as it's in the same field as your current profession, may be tax-deductible.Itemizing limitsCareful tracking of these expenses is critical because they are classified as miscellaneous itemized deductions.

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