The president recently signed into law the Military Spouses Residency Relief Act (MSRRA), which among other things, provides that when a service member leaves his or her home state in accord with military or naval orders, the service member's spouse
Looking for a way to create tax-free income in retirement? The federal government has a great deal for you. For 2010 the Internal Revenue Service has lifted the $100,000 income limit on Roth IRA conversions, and it is allowing investors to pay the
Amid rising unemployment and vanishing jobs, higher education has moved front and center as a vital solution for displaced workers and students looking to acquire the training and skills to compete in the global marketplace. First Command Educational
Nearly six years after Vicky Rollins and other volunteers sent the first six packages to soldiers in Iraq, the First Command Package Brigade has been officially designated a charitable organization, as outlined in Section 501(c)(3) of the Internal
Filing taxes often brings to mind mountains of paperwork and maybe a little stress. But in recent years, paperwork requirements have been reduced as the IRS has continued to broaden its online services. The electronic process for filing with the IRS
Earlier this year, you may have noticed that the federal tax withholding was decreased on your paychecks. This tax credit is called “Making Work Pay” and is part of the American Recovery and Reinvestment Act – more commonly known as the economic
Housing prices are stabilizing, interest rates are low, and the federal homebuyer tax credit has increased to a maximum of $8,000 for 2009¹. Let Relocation Services by First Command help you make the most of the current housing market. You may be
Tax season has begun, and several new laws may affect you this year and in the years to come. An additional standard deduction is available to non-itemizers for real property taxes for 2008 and 2009. Taxpayers are allowed to take an additional
As your personal and business assets grow, so does the importance of protecting them. If you are like most people, wills, durable powers of attorney, healthcare directives, and trusts are topics you avoid. Yet, timely planning in these
The Heroes Earnings Assistance and Relief Tax Act of 2008 offers new financial benefits for reservists and their families by bridging their military service to their existing civilian employment benefits. The act modifies certain retirement plan