It is the 15th of April, and for most people, income tax returns and payments are due today. If you're not going to be done, it is better to file for a tax extension than to rush through and make … [Read more...]
Mail Call: Tax-Exempt Income and W-2s
February 16, 2013 | KateW-2 tax statements can be confusing, especially if you don't print out the back side that explains what all the boxes and codes mean. And you can't possibly prepare your tax return correctly … [Read more...]
Retiree 1099R Tax Statements
January 26, 2013 | KateI get an amazing number of emails from retirees, asking me to send them their 1099R tax statements. I wish I could do this for these readers, but I can not. I am not affiliated with the Defense … [Read more...]
Tax Statements For Separated Troops
January 25, 2013 | KateI get a lot of questions from people who left the service and don't know how to access their W-2 tax statements. Thankfully, it is not too hard. First, separated service members retain access to … [Read more...]
Free Tax Prep For Military
January 19, 2013 | Kate. I suspect that this is a popular weekend for tax preparation. The last of the wage W-2s will be out this week, with all W-2s issued by 31 January 2013. Thankfully, most military folks don't … [Read more...]
Tax Filing Starts 30 January 2013
January 09, 2013 | Kate. With a slew of last-minute tax changes to accommodate, the Internal Revenue Service (IRS) has moved it's anticipated opening of the tax filing season from 22 January 2013 to 30 January … [Read more...]
Another Day, Another New Tax Post
January 02, 2013 | KateWell, Congress has hammered out a deal, and there is some good news in it. They've made solid changes to our tax situation, and so we have an idea of what our tax bills might look like this year. … [Read more...]
How Much Are YOUR Taxes Going Up?
December 28, 2012 | KateAs we get closer to the possible fiscal cliff, people are starting to seriously look at how the currently scheduled tax increases will affect their personal bottom line if Congress does not … [Read more...]
2012 Tax Statement Release Schedule
December 02, 2012 | Kate. The Defense Finance and Accounting Service (DFAS) has announced the dates that your 2012 W-2 or 1099R tax statements will be available. You can access your statements online at the MyPay … [Read more...]
The Fiscal Cliff: Your Taxes, Part II
November 23, 2012 | Kate. In The Fiscal Cliff: Your Taxes, Part I, I discussed how changes to the Social Security Tax and federal income tax rates could increase your taxes and decrease your take-home pay. Today, … [Read more...]
The Fiscal Cliff: Your Taxes, Part I
November 21, 2012 | KateIn this week's series about the possible fiscal cliff, we're talking about all the things that will happen if Congress doesn't make changes before the end of the year. The part that will have the … [Read more...]
From The Mailbag: Accessing Old W-2s
October 11, 2012 | KateSometimes we all need to access old documents, whether it be medical stuff or tax information or receipts. I'm a horrible thrower-outer, so chances are I don't have whatever I need in my filing … [Read more...]
Check Your Income Tax Withholding
October 10, 2012 | KateThis time of year, I like to check my income tax withholding and see if I am on track to have approximately the right amount taken out by the end of the year. Not sure what I mean by withholding? … [Read more...]
IRS Letters – Don’t Ignore Them
September 25, 2012 | KateI've mentioned this before, and it was discussed in a recent military mom forum. Pretty regularly, military members get letters from the Internal Revenue Service (IRS) asking them to verify dates … [Read more...]
