Taxpayers must always be vigilant regarding the legality of an action related to the filing of their taxes. This includes whether they are filing an IRS form, calculating income, claiming a deduction, characterizing assets, preparing a tax return, or communicating…
The IRS has made available several tax breaks for military personnel, especially over the last few decades. For federal tax purposes, the U.S. Armed Forces includes officers and enlisted personnel in all regular and reserve units controlled by the Secretaries…