The Tax Gap

The Tax Gap

The tax gap is the amount of tax unpaid each year from underreporting taxable income, mostly from honest taxpayers who don’t fully understand the requirements. Most people are aware that income earned from an employer (W-2), bank interest/dividends...
Getting Your E-File PIN

Getting Your E-File PIN

The IRS will begin accepting and processing tax returns on Tuesday, January 19th. If you plan to file electronically, like millions of other taxpayers, you’ll need to verify your identity by providing either your Self-Select PIN or 2014 Adjusted Gross Income...
Tax Season Opens Jan 19th!

Tax Season Opens Jan 19th!

The IRS will begin accepting individual electronic tax returns on Tuesday, January 19, 2016.   In addition, the filing deadline for submitting 2015 returns has been extended a few days to, Monday, April 18, 2016.  Contact me today for tax filing assistance....
The Mistake Made by ALL Ranks

The Mistake Made by ALL Ranks

Financial goals and missteps often vary based on a service member’s age and rank. Younger troops are typically more focused on budgeting and day-to-day spending habits to improve cash flow and avoid overspending.   More seasoned troops tend to focus on debt...
How Senior Enlisted and Officers Can Benefit From the EITC

How Senior Enlisted and Officers Can Benefit From the EITC

The Earned Income Tax Credit (EITC or EIC) is a monetary benefit given to certain lower-income, working taxpayers when filing their tax return.   Some military senior enlisted and officers – who wouldn’t qualify for this refundable tax credit under normal...