MILSPOUSE BLOG

financial papers with calculator

Year-end Tax Planning for Military Families

October 6, 2022

  Subscribe To These Year-end Tax Ideas! Wouldn’t it be nice if we could just unsubscribe, unfollow, or quietly ignore the annual friend request we get from the IRS every year? But as effective as that might’ve been with the kid who sat next to you in 10th grade science class – taking that approach…

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Image of an African American Family planning their Financial Future

Lead Your Family to a Stronger Financial Future

February 1, 2021

Lead Your Family to a Stronger Financial Future!  Your household is like a small business in many ways. The first quarter of the year—January, February and March—is a great time to close out the previous year, assess your family’s financial health, and plan for upcoming milestones, just like a business. Be the Chief Financial Officer…

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Asian couple discusses payroll tax deferral

What You Need to Know About the Payroll Tax Deferral

September 22, 2020

Payroll Tax Deferral Military spouses, have you heard? To help provide relief during the COVID-19 pandemic, the Presidential Memorandum issued on August 8, 2020 temporarily defers Social Security — Old Age, Survivors, and Disability Insurance (OASDI) — tax withholdings for some Service members. This is known as the payroll tax deferral. What Does This Mean…

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Feature 2019 Tax Prep Coffee and Glasses

2019 Tax Prep: Back to Basics

March 23, 2020

It’s tax time again. And while the federal income tax filing deadline for 2019 has been extended to July 15, 2020, that date will be here before you know it. Whether you’re preparing your own taxes or seeking professional assistance, here’s some guidance on what documents you need and where to get additional support to…

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