A payroll tax deferral was put in place by President Donald Trump at the end of 2020. The income tax instructions recently released by the Defense Finance and Accounting Service (DFAS)...
Posted by James Financial Services Inc on 05/19/2021
Treatment of distributions to persons placed on active service for at least 179 days (article 72(t) of the code)Under the current law Under current legislation, a taxpayer who...
Posted by Taxes Made EZ Inc on 03/01/2021
Wouldn't life without taxes be beautiful? You can't avoid them entirely, but as a veteran of the United States Army, you have access to tax benefits that, for the most part,...
Posted by Thomas G Kinsella, ATP on 01/06/2021
With the new tax reforms, many people, except the military, do not qualify for moving expense deduction. For moving expense deduction to be valid, one needs to meet some time...
Posted by James Financial Services Inc on 11/19/2020
Deployed service members must submit their taxes. Fortunately, the Internal Revenue Service realizes that the service members and their families face unique circumstances and offer...
Posted by Cypress Tax Solutions on 02/17/2021
Military members enjoy many tax benefits, including one-time tax deductions, combat pay exclusions, and extended time limits. Read on to find information on various military-specific...
Posted by Tucker Accounting Services LLC on 01/06/2021
