by CPA | Jul 14, 2017 | CPA Services, Military CPA, Real Estate CPA
According to the IRS, members of the military may qualify for tax breaks and benefits. Special rules could lower the tax they owe or give them more time to file and pay taxes. In addition, some types of military pay are tax-free. Below are some special tax...
by CPA | Jul 5, 2017 | CPA Services
The Service Members Civil Relief Act (SCRA) was passed in 2003. The SCRA allows individuals to break a lease when they go onto active duty if the lease was entered into before going onto active duty. Additionally, the act allows a service member to terminate a...
by CPA | Jun 30, 2017 | CPA Services
This post will discuss which income items received by current and former members of the U.S. Armed Forces are reported on a tax return, particularly income from serving in a combat zone. U.S. Armed Forces members receive many different types of pay and allowances....
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