I am an active duty Air Force officer investing for financial independence by age 40.
The payroll tax deferral for military servicemembers starts with the 15 September 2020 mid-month pay. It will continue until 31 December 2020. In summary, the payroll tax deferral will delay …
Tax time is here! W2s should be released on myPay by 24 January 2020. If you’ve properly configured your tax withholding, your tax return should be quite small. However, we …
For the past 5 years, I claimed CZTE or Combat Zone Tax Exclusion income on my tax returns. Every year after I file my taxes, I receive a CP04 Notice …
After announcing that I would be deployed in 2017 for 6 months, my orders changed. I am not currently deployed to a war zone. Instead I PCS’d to an exciting …
I received the following email from DFAS (Defense Finance Accounting Service) regarding Combat Zone Tax Exclusion (CZTE) for servicemembers stationed in Turkey: Effective September 19, 2016, unless otherwise specified, all military …
Executive Summary Every year at tax time, you see pundits talk about ‘giving Uncle Sam an interest-free loan.’ While the concept of lowering tax withholdings is sound, there are several …
In the military, there are many reasons for selling your home. You can sell for any of the following reasons: relocation buying a bigger home downsizing retirement/separation because it makes …