Did you know many military members and their family members can get a tax deferral extension? In several cases, the extension is automatically granted, and some people may even receive...
Posted by Dennis Jao on 07/18/2022
For a start, you must be aware that you are only entitled to military tax benefits, if you are actively involved in service, or have served on active duty. Most importantly, it would...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/17/2022
Every military member, federal employee, or anyone with access to the FG's Thrift Savings Plan could be lucky. If appropriately managed, it is a terrific investment portfolio and...
Posted by Abundant Wealth Planning LLC on 01/27/2022
If you serve in the military, it's important to understand your military tax benefits so that you can get the most out of them when filing taxes. The Federal Tax Code has specific...
Posted by Abundant Wealth Planning LLC on 12/27/2021
If an individual meets the criteria for foreign income exclusion, they can enjoy this tax benefit. This exclusion also entails the foreign housing exclusion and the foreign housing...
Posted by CORE PERFORMANCE on 10/09/2021
Military personnel are some of the people who make the largest sacrifice. Such a line of job comes with severe hardships, so Uncle Sam offers some compensation in a bid to cushion...
Posted by Rosovich & Associates, Inc. on 08/30/2021
For people who have been in the military for a couple of years and want to transition to civilian life, there are some tax implications to have in mind.It is essential that you not...
Posted by Dennis Jao on 12/20/2020
Many financial advisers choose to focus on a demographic group of the population from which they build their clientele. An important group that is often overlooked in the United States...
Posted by BEST FINANCIAL GROUP LTD on 07/16/2020
According to Uncle Sam, miscellaneous expenses are write-offs that cannot be classified into any tax category. Examples are work uniform, clothes, work, equipment, boots, alongside...
Posted by Cypress Tax Solutions on 01/19/2021
