Tag - family

Tax Breaks for the Military Family

Tax Breaks for the Military Family There are certain tax breaks available to members of the U.S. military and their dependents: Sale of principal residence A taxpayer on qualified official extended duty in the U.S. Armed Services or the Foreign Service may suspend for up to 10 years of such duty time the running of the 5-year ownership-and-use period before the sale of a residence. This election applies to one property at a time. To qualify, a taxpayer must meet the following criteria [...]

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Family- November 8, 2018

Hello my friends, The elections are finally over which means the annoying ads and bad mouthing will stop. Well, maybe. Of course, there will still be the President’s tweets, and soon enough we will begin hearing the ads for the 2020 elections, so say the news pundits. I really wish there was a law preventing negative political ads. I was taught that if you have nothing nice to say, don’t say anything at all. However, it all comes down to the [...]

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