Tax Benefits for Military Personnel

Know someone serving our country in the armed forces?  Forward them this post!

Here’s a listing of 10 special tax benefits for those serving in the military:

  1. Moving Expenses If you are a member of the Armed Forces on active duty and you move because of a permanent change of station, you may be able to deduct some of your unreimbursed moving expenses.
  2. Combat Pay If you serve in a combat zone [Read more…]