Money - Page 2

small business grants for veterans

Small Business Grants for Veterans

Updated: July 12, 2022

Nearly 6% of American businesses are veteran-owned, according to the 2020 Annual Business Survey, released in Oct. 2021. Some service members leave military service knowing they want to start a business but need some kind of funding, such as business loans or Small Business Administration grants. Others may not realize they want to start a business until […]

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personal loans for military and veterans

Personal Loans for Military Members and Veterans

Updated: July 20, 2022

Veterans and current military members might consider applying for a personal loan for several reasons. The cost of permanent change of station moves is one. Those moving from low-cost to high-cost areas may need more money up front for security deposits, storage fees and other expenses. In these instances, they may want to know how […]

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Updated: December 23, 2022

Find the CONUS COLA calculator or see the CONUS COLA locations. The 2023 Continental United States (CONUS) Cost of Living Allowance (COLA) rates take effect on Jan. 1, 2023. The total amount of CONUS COLA a service member receives varies based on geographic duty location, rank, years of service and dependency status. CONUS COLA Calculator […]

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Military Top Tax Tips

Top Military Tax Tips

Updated: February 3, 2022

Military members and their families can take advantage of several tax provisions, according to the 2021 version of Publication 3 from the Internal Revenue Service. Here are some top tips to consider before filing taxes. Tax Filing and Deadlines The deadline to file 2021 taxes is April 18, 2022 for most people due to the […]

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Military Tax Breaks For Families With Special Needs

Military Tax Breaks for Families With Special Needs

Updated: February 3, 2022

Military families are often eligible to claim certain tax breaks and benefits, and military families with special needs may have more tax advantages than they realize. Do you know what your potential tax breaks may be? What follows should not be construed as tax advice, but study the list below to see what you may […]

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free tax help for military

Free Tax Filing Services for Troops, Families

Updated: October 13, 2022

Military members and their families face special tax circumstances and have access to more tax benefits.  As a way of thanking troops for their service, multiple services offer free tax preparation and filing service to help military members and their families navigate some of the complexities of filing taxes in the military. Military OneSource H&R […]

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The best tax credits available to military

Military Tax Credits

Updated: February 3, 2022

Military members and their families are often tasked with giving a lot to Uncle Sam, be that personal sacrifice or financial. When it comes to taxes, several tax breaks are available to military members to help offset some of the financial burden. Make sure you’re taking full advantage of these tax credits available to you […]

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Military Tax Resources

Tax Resources for Military Service Members and Families

Updated: February 3, 2022

Tax season can be a trying time for military families, between trying to collect all the right documents and figuring out the maze of tax laws while making sure everything is submitted on time. Fortunately, service members and their families have many resources available to guide them through this process and help them complete their […]

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SCRA Credit Card Benefits

SCRA-Friendly Credit Cards for Military

Updated: December 23, 2022

From generous rewards and huge sign-up bonuses to travel rewards and low APRs, some credit cards available to military service members and their spouses outperform other credit cards.  Military banks and credit unions, traditional banks and online lenders offer military credit cards. Some come with annual fees, while others charge no fees but require a […]

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capitol hill

How a U.S. Government Debt Default Impacts Military Members and Veterans 

Updated: September 29, 2022

The debt ceiling is an obligatory borrowing limit self-imposed by the U.S. government. In the past, it has been raised or postponed to prevent the U.S. from defaulting on its debt.  The cap on the debt ceiling is now $31.381 trillion. Janet Yeller, the Treasury Secretary, announced that on Jan. 19, 2023, the outstanding debt […]

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