In December 2017, major tax reform was launched, which concerns individuals and businesses. It is commonly known as the Tax Reduction and Employment Act, TCJA, or Tax Reform. Most...
As you probably know, most of your income is taxable. If you earn a salary, an hourly wage, tips, commissions, renting a property you entrust or dividends and interest on your investments,...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
The members of the armed forces and their families face many challenges and that include filing taxes with the IRS. American military personnel, whether on active duty or reserve service,...
Posted by Advantage Tax Service on 11/14/2018
There are different types of duties which are faced by the military men and their families. The expenses and the special tax benefits for armed forces are different too off course....
Posted by Jakusovas & Company on 06/08/2018
Are you a member of the U.S Armed Forces? If so, then this article is for you. The Internet Revenue Services wants you to learn about the several special tax benefits that may apply...
Posted by rinehimerbaker on 06/08/2018
The tax law affords a few exceptional advantages for energetic members of the U.S. Armed Forces and certain blessings for individuals serving in combat zones. For greater armed forces...
Posted by David Yeomans Accounting Service, Inc. on 04/27/2018
There are numerous differences between so-called civilian tax and military tax deductions. For one thing, combat pay is not taxable for enlisted personnel and, within certain limits,...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/04/2018
For those who are serving in the military, there are a variety of potential tax deductions and benefits that may be available. However, there are some very specific benefits that apply...
The Internal Revenue Service has tax benefits for military families with and without children due to their special circumstances. As such if you are from a military family, you...