Taxes


free tax filing for military

Free Tax Filing for Military Program Open Now

For the complete list of free and discounted tax options for military families, see the Military.com Discount Center’s article, Free and Discounted Tax Preparation for…


How To Report Tricare On Your Tax Return

How To Report Tricare on Your Tax Return

Tax season is here, and people are wondering how to report Tricare health coverage on a federal income tax return.  The Affordable Care Act (ACA),…




2017 Taxes

Wait For Tax Statements Before You File

Now that we’re into 2017,  many people are ready to file their 2016 income tax returns.  It’s fun if you’ve had too much withheld and…



A year-end review will set you up for financial success in 2017.

The Year-End Review: Put A Bow On It!

Another year is almost in the books and it’s been a wild one.  Mother Nature left no doubt about who’s in charge, the election, and…


3 Things To check On Your LES Every Month

3 Things To Check on Your LES Every Month

The military’s version of a “paycheck stub” is the Leave and Earnings Statement (LES).  LES are issued at the end of every month, usually about…


Adjust your Tax Withholding to avoid overpayment

Adjust Your Tax Withholding, Says The IRS

There are a lot of different philosophies about income tax withholding.  Some people challenge themselves to get their withholding close to their actual tax liability, so…


You Should Understand Your Tax Situation

Understanding Your Tax Situation

Almost every day, I talk to someone who says something like, “I don’t know how that works,” regarding their federal income taxes.  Now, I’m not…



Active Duty Taxes

From The Mailbag: Active Duty Taxes

There are so many things to learn when you enter the military, and it seems like a lot of stuff doesn’t get covered in the…


The Mailbag brings us Retiree Tax Questions

From The Mailbag: Retiree Tax Questions

Tax time always brings a lot of questions from readers.  Today’s post is a compilation of tax-related questions received from retirees: Taxable vs. Non-Taxable Retirement…


How To File For A Tax Extension

How To File For A Tax Extension

The deadline to file your federal income tax returns is next Monday, 18 April 2016.  If you’re one of the thousands of Americans who aren’t…


Do You Have A Plan For Your Tax Refund?

A Plan For Your Tax Refund

“Financial planner hits monster lotto payout…and dedicates life to raising rabbits.” Never mind that it’s not going to happen or that in the very, very…



How Your Income Tax Changes When You Retire From The Military

Tax Changes When You Retire

Several people have asked me to write about how your income tax changes when you retire from the military.  On one hand, it is pretty…



How to get your military 1099R retirement pay tax statements.

Obtaining 1099R Tax Statements

It is the time of year when I get a lot of emails asking me to send tax statements. While I’d love to help people…