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  1. Military Taxes

Military Taxes

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From The Mailbag: How Do Tax Brackets Work?
Income taxes
The Lifetime Learning Credit Can Reduce Your Taxes

You may be able to deduct qualified education expenses paid during the year for yourself, your spouse, or your dependent.

3 Reasons Not to File Your Tax Return Yet

You’re itching for your tax refund. So why should you wait? Here are three important things to consider.

What Does the New Tax Law Mean to You?

The new tax law gives most people some savings, your mileage may vary.

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Get Up to $2,500 in Education Tax Credits

Under the American Recovery and Reinvestment Act, parents and students qualify for the American Opportunity Tax Credit.

How to Deduct up to $4,000 in Education Expenses on Your Taxes

Education costs can add up. A great way to offset your costs is to deduct your education expenses.

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SC Increases Retirement Pay Deduction

New law substantially reduces state income tax on military retirees.

Severance Pay Taxes Incorrectly Withheld Must Now Be Refunded

As many as 14,000 veterans had tax incorrectly withheld from disability severance pay by military. New law makes DOD give it...

Free Tax Return Prep for Military Families and Veterans

Here are links to all sorts of free tax preparation services for current and former members of the military.

Marine walking with college books.
Bill Would End Tax Penalty on Vets with Forgiven Student Loans

A half-dozen veterans groups back legislation to stop the IRS from taxing forgiven student debt of deceased or disabled...

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