by Attiyya | Jan 23, 2015 | Taxes
By now, most service members and veterans are aware of these VA-guaranteed home loan benefits. No down payment required No mortgage insurance (PMI) required No prepayment penalty However, many are forgetting the added benefit of including these two itemized tax...
by Attiyya | Jan 13, 2015 | Taxes
W-2: Reports your earned income if you worked for an employer 1098: Reports mortgage interest and points you paid 1098-E: Reports student loan interest you paid 1098-T: Reports payments you made for qualified tuition and expenses 1099-MISC/1099-NEC: Reports...
by Attiyya | Dec 21, 2014 | Financial Counseling, Taxes
Don’t forget to file your FSA claim(s) by the end of the year so you don’t lose your money. Most employers do not allow unused funds to roll over into the next year.
by Attiyya | Jun 9, 2014 | Financial Counseling, Taxes
Thanks to low interest rates and several first-time home buyer programs, many families have decided to purchase real estate in the last several years. At some point, most of you will make the decision to sell for reasons like an expanding family, job...
by Attiyya | May 26, 2014 | Taxes
For those who have given their all in service to our nation…I thank you!
by Attiyya | May 22, 2014 | Taxes
Many military families are in the final planning stage of their permanent change of station (PCS) move. As “PCS season” approaches, tax questions about what moving expenses are deductible and how to deduct them are often asked. Unlike other tax deductions, you do not...