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Valuable Tax Benefits for Members of the Military
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Valuable Tax Benefits for Members of the Military

IRS, Military, Personal Finance, Personal Taxes, Tax Relief, Tax Tips, Taxes, Veterans

Valuable Tax Benefits for Members of the Military

This article was published by the IRS. Members of the military may qualify for tax benefits not available to civilians. For example, they don't have to pay taxes on some types of income. Special rules may lower the tax they owe or allow them more time to file and pay their federal taxes. Here are some [...]

Tax Benefits for Members of the Military
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Tax Benefits for Members of the Military

EITC, IRS, IRS Video, Military, Personal Finance, Personal Taxes, Tax Credits, Tax Deductions, Tax Relief, Tax Tips, Taxes, Videos, YouTube

Tax Benefits for Members of the Military

If you're in the Armed Forces, there are several special tax benefits that apply to you: First, you may be eligible for a combat zone exclusion, which means some or all of your combat pay could be tax-free. However, you may choose instead to include tax-free combat pay in your earned income when you file your [...]

cozbycpa2021-11-08T11:25:59-05:00November 8th, 2021|Categories: EITC, IRS, IRS Video, Military, Personal Finance, Personal Taxes, Tax Credits, Tax Deductions, Tax Relief, Tax Tips, Taxes, Videos, YouTube|Tags: best CPAs in Plymouth MA, combat zone exclusion, Cozby & Company, CPA Heather Cozby, Earned Income Tax Credit, special tax benefits for those in the Armed Forces, tax benefits for military members, tax-free combat pay|