December 7, 2016

Tax Help for Military Members and Families

The IRS provides free tax help for military members and families through the Volunteer Income Tax Assistance program. VITA offers free tax preparation and advice at sites on and off base. Volunteers receive training on military-specific tax issues like combat zone tax benefits, special filing extensions, and other special rules. For more information about filing taxes as a member of the armed forces, speak to a tax advisor or see IRS Publication 3, Armed Forces’ Tax Guide. Tip courtesy of IRS.gov
July 12, 2016
Tax Tip: Rules for Home Office Deductions

Tax Tips For Military Families – Financially Simple

Tax Tips For Military Families “Tax Tips For Military Families”, If you or someone in your family is a member of the armed forces, you may be eligible for some important tax benefits. According to the IRS, military families may benefit from: Filing deadline extensions if you served in a combat zone or meet other requirements. Combat pay exclusions. Some forms of combat pay are not subject to income taxes. Expense deductions for moving, transitioning to civilian life, and traveling as a reservist. Free tax help on military bases. For more information about filing taxes as a member of the armed forces, consult a tax professional in your area or refer to Publication 3, “Armed Forces’ Tax Guide.” Tip courtesy of IRS.gov[13] 13 http://www.irs.gov/uac/Newsroom/Special-Tax-Benefits-for-Members-of-the-Armed-Forces https://www.irs.gov/publications/p3/ar02.html#en_US_2015_publink1000176299
May 25, 2016
Tax Tip: Rules for Home Office Deductions

Free Tax Help for Military Families

Free Tax Help for Military Families “Free Tax Help for Military Families”, The IRS provides free tax help to military members and families through the Volunteer Income Tax Assistance program. VITA offers free tax preparation and advice at sites on and off base. Volunteers receive training on military-specific tax issues like combat zone tax benefits, special filing extensions, and other special rules. For more information about filing taxes as a member of the armed forces, speak to a tax professional or see IRS Publication 3, “Armed Forces’ Tax Guide.” Tip courtesy of IRS.gov The article is relatively short but contains enough information about the subject. If you like the article then please recommend our blog to others and share it with your family and friends.