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Montgomery

Tax Benefits for Military Personnel

September 5, 2013 by Roy Vargis CPA, CMA, CFM, CITA, EA, ACMA, CGMA

If you’re a member of the U.S. Armed Forces, there are many tax benefits that may apply to you. Special tax rules apply to military members on active duty, including those serving in combat zones. These rules can help lower your federal taxes and make it easier to file your tax return. Here are some of the more prominent of those benefits: Combat Pay Exclusion—If you are an … [Read more...] about Tax Benefits for Military Personnel

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