Monthly Archives: August 2015

Military Tax Breaks

The IRS has allowed for certain tax breaks for members of the Armed Forces. Below are some of the tax breaks provided to servicemen and servicewomen: Members of the military in combat zones receive extensions on the due dates of … Continue reading

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Charity

You can generally deduct the full amount of the donation as long as it is to a qualified nonprofit. Some examples of qualified nonprofits are churches, governments, hospitals, the Salvation Army, United Way, Boy Scouts of America, and the American … Continue reading

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