Military Feed

Donald J. Trump addresses troops at the Fort Drum, New York, army base prior to signing the 2019 fiscal year defense authorization bill. (White House photo; click image to watch Trump's address, as well as opening remarks by Vice President Mike Pence, on Twitter) Donald J. Trump today signed a defense spending bill that's received almost as much attention for the lawmaker it honors as for the billions in military funding it authorizes over the next fiscal year. Capitol Hill lawmakers dubbed H.R. 5515 the "John S. McCain National Defense Authorization Act for Fiscal Year 2019" in tribute to the... Read more →


U.S. Navy photo by Mass Communication Specialist 1st Class Patrick Gordon Some veterans who received disability severance payments after Jan. 17, 1991, and included that money as income when they filed their tax returns now are due refunds. The former military members have known since February that they were due money. Now the process of getting it has finally begun. But Uncle Sam isn't automatically sending former troops any cash due from the erroneously taxed payments. The veterans need to file an amended tax return using Form 1040X to claim a disability severance payment-related credit or tax refund. Why now?... Read more →


June's a busy month for me. Lots of family birthdays. Father's Day. Graduations. Taxes. Yep. Taxes. In June. Specifically, June 15. The midpoint of the first month of summer is a major tax deadline. Estimated taxes: The biggie for a lot of taxpayers (including me) is the second installment of 2018's estimated taxes that's due by June 15. You have several ways to make this payment — six, actually, according to the current Weekly Tax Tip. I'll let you check out the details in that other post at your leisure, but here are some of the more popular options: Credit... Read more →


Lots of my neighbors are looking to sell, even though for most of us there's no longer a tax break for moving. However, many homeowners still will pocket tax-free sales cash that should help cover relocation expenses. No, this is not my neighborhood, although where we live is, except on lawn service days, pretty quiet, too. Summer always kind of freaks me out, and not just because here in Central Texas it tends to get too damn hot too damn soon. I'm talking about all my neighbors who want to leave. Every summer there's a plethora of "For Sale" signs... Read more →


"On this day, take time to remember those who have fallen. But on every day after, do more; put the freedoms they died for to greater and nobler uses." — Richelle E. Goodrich, author During holidays, we're generally encouraged to remember the reason behind the special day. The two instances where this is most prevalent is Christmas and Memorial Day. Memorial Day's purpose often gets lost in the revelry of summer's arrival … except when your awash in a tropical storm's rain bands. But today is supposed to be more than time with family and friends at picnics, trips to... Read more →


@bublywater via Giphy.com If you missed this year's doubly extended tax filing deadline simply because you procrastinated, or actually over-procrastinated, then you're out of luck. If you owe tax for the 2017 tax year, interest and penalties already are piling up. If this is you — no judging here, just some advice — at least get a belated extension request into the Internal Revenue Service ASAP, along with the money you owe, to stop that costly process from getting worse. The first Weekly Tax Tip of 2018 offers some guidance on moves to make if your missed the Tax Day... Read more →


Kids all across the country, including those in my neighborhood, spent Saturday hunting for brightly colored eggs. Or, if they're in the Washington, D.C. area, perhaps they're getting ready to participate in tomorrow's (Monday, April 2) 140th annual White House Easter Egg Roll, like the youngsters in the photo above did last year. Their parents, however, are more likely this weekend to be hunting for tax breaks as the April 17 filing deadline nears. Every tax season, lots of taxpayers overlook some deductions, credits or other tax moves that can reduce their eventual Internal Revenue Service bill. Here are some... Read more →


U.S. Navy photo by Mass Communication Specialist 1st Class Patrick Gordon With identity theft and refund fraud being so ubiquitous, folks might understandably think an unexpected tax refund notice is a scam. This time though, it's real for more than 133,000 U.S. military veterans who may qualify for their portion of federal tax refunds totaling an estimated $78 million. These former service personnel are due the money because they wrongly paid taxes on disability severance pay. Some of the erroneous tax payments go back as far as Jan. 17, 1991. The amount due eligible veterans varies based on rank and... Read more →


Grandparents who are raising their grandchildren might benefit by claiming the Earned Income Tax Credit (EITC). The IRS has additional information for these taxpayers and other special groups and situations where the EITC could help. Friday, Jan. 26, was EITC Awareness Day, the 12th annual event during with the Internal Revenue Service makes a special effort to get the word out about this tax break that millions of filers ignore each year. Actually, the tax agency made special efforts, plural, yesterday. There were more than 250 total outreach events and activities around the country to promote the Earned Income Tax... Read more →


Across America, special thanks go out this Veterans Day to all the men and women who courageously put on uniforms and served our country whenever and wherever called. But once those proudly-worn uniforms are packed away, former U.S. military members need more than just gratitude. Millions of soldiers, sailors, pilots and National Guard members need our support and help as they return to civilian life. That's why this 11/11 Shout Out Saturday goes to MartketWatch's financial checklist for former military members. And since you come here for tax talk, I don't want to disappoint. Here are a couple of tax... Read more →


I'm generally a cereal person when it comes to breakfast, cold in the summer and the occasional bowl of oatmeal or Malt-O-Meal in those few months when temperatures drop here in Central Texas. Today, though, I'm going to stop by my local doughnut shop. Why the change to the most important meal of the day? It's National Doughnut Day! Or National Donut Day if you're into texting or Twitter and are looking for a character shortcut. In addition to giving me an excuse a reason to munch on a sweetened round of iced dough, today is a chance to acknowledge... Read more →


The first Armed Forces Day was celebrated on this day 67 years ago. President Harry S. Truman led the effort to establish a single holiday to thank U.S. military members for their service in support of our country. On Aug. 31, 1949, Truman's Secretary of Defense Louis Johnson announced the creation of Armed Forces Day to replace the separate Army, Navy, Marine Corps and Air Force Days. It was a logical move given the unification under Truman's administration of the Armed Forces under the Department of Defense. President John F. Kennedy established Armed Forces Day as an official holiday in... Read more →


People who live in storm ravaged areas of Georgia, Louisiana and Mississippi have enough to worry about, so the Internal Revenue Service says they don't have to worry about filing their taxes next Tuesday. Neither do U.S. military personnel who are in combat zones. A Federal Emergency Management Agency (FEMA) worker assesses damage in Georgia from late January 2017 storms and tornadoes. (Photo courtesy FEMA Facebook) Major natural disaster victims: Taxpayers in several areas deemed major disasters — the IRS keeps a running list of tax-affected disaster areas —qualify for more time to file their tax returns and pay any... Read more →


You know there's Free File, but you'd really feel more comfortable getting some face-to-face help filling out your taxes. The problem is you don't have a lot of money to pay for accredited tax assistance. Good news. You might qualify for free, in-person tax help. Free tax-preparation and filing help, like that shown here at a Rutherford Country, Tennessee, VITA office, is available at thousands of sites across the country. No-cost tax return preparation and e-filing is available at nearly 12,000 Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) sites across the United States. These filing-season... Read more →


We call it Veterans Day here in the United States. An Army veteran salutes the colors being carried in the Veterans Day parade in downtown Pittsburgh, Pennsylvania, on Nov. 11, 2011. (Photo courtesy U.S. Army via Flickr) That Nov. 11 is such an important date is evidenced by the fact that federal holiday has escaped conversion into a Monday that wraps up a long weekend that's usually more focused on consumer spending than actual commemoration. End of the Great War: Each November we mark what originally was the official, formal end of World War I at the 11th hour of... Read more →


June is jam-packed with special days. It kicks off with the official start of the Atlantic/Gulf of Mexico hurricane season, which seems a bit late since we've already seen two storms form this year. Then there's Flag Day, Father's Day and the arrival, here in the Northern Hemisphere, of summer. And I'm not even counting things like today's National Doughnut Day and all the June weddings that will be special calendar dates for those happy couples. And yes, there are some tax connections to all those days. They are duly noted over in the ol' blog's right column, just under... Read more →


Happy National Doughnut Day! If you live near a military facility, consider dropping a box of the sweet fried treats off there for the enlisted men and women. Or take some to your local veterans' meeting hall. This isn't, a la some politicians who will remain nameless (but linked to!), a blog version of pandering to patriotism. Doughnuts actually are inextricably linked to our armed services. Last year, National Doughnut Day fell on June 6, D-Day. As I noted in my post then, Salvation Army officers who went to Europe during World War I to comfort U.S. troops did so... Read more →


Donald Trump, in a combative press conference today (May 31), announced the veterans' groups that received money collected in his Iowa debate alternative event last January. Click image to watch Trump campaign video via Twitter The 41 nonprofits and the amounts they received/will get are: 22Kill -- $200,000 Achilles International Inc. -- $200,000 American Hero Adventures -- $100,000 Americans for Equal Living -- $100,000 America's Vetdogs - The Veterans K9 Corps Inc. -- $75,000 AMVETS -- $75,000 Armed Services YMCA of the USA -- $75,000 Bob Woodruff Family Foundation Inc. -- $75,000 Central Iowa Shelter and Services -- $100,000 Connected... Read more →


More than 1 million men and women have died during U.S. military service. Memorial Day is when we take special time to remember them and their ultimate sacrifice. To ensure the ultimate hallowed duties of America's fallen heroes are never forgotten, The National Moment of Remembrance Act was enacted in December 2000. This law created the White House Commission on the National Moment of Remembrance. The Commission's charter is to "encourage the people of the United States to give something back to their country, which provides them so much freedom and opportunity" by encouraging and coordinating commemorations in the United... Read more →


Donald J. Trump, the presumptive Republican presidential nominees, skipped the Des Moines, Iowa, debate back in January. The Donald was feuding with Fox News, the debate's host, then and opted instead to hold his own event. Click image for full CNN report and video. Trump's alternate televised gathering at Drake University, also in Des Moines, was promoted as a fundraiser for veterans' charities. So how did that turn out? How much was donated? Which charities got some of the cash collected almost four months ago? The answers are, apparently, pretty good from a political posturing standpoint, not as much as... Read more →