No tax on troops’ $1,776 ‘warrior dividend,’ IRS says
Troops who received an unexpected $1,776 one-time payment in December won’t have to pay taxes on that money, the Internal Revenue Service confirmed.
By Karen Jowers
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Crucial days ahead as debt ceiling deal goes for vote in Congress
A key test will come Tuesday afternoon when the House Rules Committee is scheduled to consider the package.
By Lisa Mascaro
New legislation aims to give drone crews tax-free combat pay
Pilots and sensor operators in any branch of the armed forces, who work on any RPA fleet used in designated areas of conflict, would be eligible for tax-free income.
Here’s some tax prep advice for military members, including COVID quirks
Here are some things to know about how COVID-19 may affect your 2020 taxes.
By Karen Jowers