Category Archives: Unemployment

Laid Off by Your Business

Today TaxMama hears from Debra in Janesville WI, who asks, “Can a small business owner claim unemployment benefits?”

401(k) Penalty

Today TaxMama hears from Don of Starkville, MA wants to know, “I was told that if you were laid off from a job and withdrew your money from your 401K, you did not have to pay the 10% early withdrawal penalty only the federal and state taxes on the money.” and Another reader remarks, “I […]