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Resources to help military personnel and veterans understand taxes

March 20, 2019

 

LR Tax & Accounting would like to share the following information for Members of the Military to help them meet their unique tax obligations.

 

Here are some topics that affect current and former military personnel, along with resources where they can go to find more information.

 

 

 

 

 

Military status
A taxpayer’s military status affects their eligibility for certain benefits.  To find out more on your status, we have provided the following link.

Combat zones
There are rules specific to those who are serving in a combat zone.

Overseas service
There are also special rules for people serving abroad.

Special situations
Active members of the Armed Forces might have questions about travel expenses, IRA contribution rules, and moving expenses.

 

Disabled veterans
There are resources available to disabled veterans to help them understand employment and retirement benefits. These resources help these veterans find out where to get free tax help. They can also find IRS forms and publications in formats accessible for people with disabilities.

 

 

While we understand tax season can be a stressful time for our military members, please remember that LR Tax & Accounting Services, Inc. is always here to help with any questions and concerns. We offer tax planning, tax resolution, tax returns for individuals and business, accounting, payroll and bookkeeping. Please contact us today to get a quote or if you have any questions.

 

If you had experience with us, please leave a feedback for us on Yelp,  Google, or our Facebook Page!

 

 

 

 

 

 

 

 

 

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