Alabama Disabled veterans in Alabama may receive a full property tax exemption on their primary residence if the veteran is 100 percent disabled from military service. There is no income limit, but the Veteran cannot have more than 160 acres to qualify. The exemption amount varies across counties within the state. Alaska In Alaska, a … Read more

The Capital One Quicksilver Credit Card is a solid choice for servicemembers who don’t spend a lot in any one budget category or prefer a single, simple-to-understand rewards rate instead of multiple rates.  It’s also a good option if you’re looking for a long introductory 0% APR promotion on purchases and balance transfers, a card … Read more

The Bilt Mastercard offers a unique incentive that allows service members to pay their rent through the card and earn points that can be applied to several attractive redemption options. Combined with 3x points on dining, 2x points on travel, and 1x points on all other purchases, it’s a worthy addition to your wallet. Bilt … Read more

In order to deduct mortgage interest and real estate taxes on a tax return, a taxpayer needs to benefit from itemizing more than they would benefit from the standard deduction. Most homeowners benefit from the standard deduction more than itemizing, so owning a home turns out not to lower taxes. But there is another way … Read more

The Chase Freedom Unlimited credit card is an excellent daily use workhorse for many service members thanks to a generous slate of sign-up bonuses, 5% back on travel purchased through Chase, 3% on dining at restaurants and purchases at drugstores, 1.5% cash back on all other purchases, and a full slate of other useful perks … Read more

The Defense Finance and Accounting Service (DFAS) handles a variety of financial activities for the Department of Defense (DoD). For military members and retirees, it’s the department that issues pay and retirement. The organization also handles debts accrued by former service members through the DFAS Debt and Claims Management Office. After retiring or separating from … Read more

As part of the American Rescue Plan Act of 2021, the reporting requirement for transactions facilitated through third-party payment networks was lowered to $600 a year. This means if $600 or more was received for goods or services, a 1099-K information return reporting the income would be required to be issued. This applies to third-party … Read more

Filing your tax returns as early as possible has several advantages. If you are getting a refund, then the sooner you file, the earlier you should receive your refund. E-filing as early as possible also minimizes the window that criminals have to steal your identity and file a tax return in your name. The IRS … Read more

Here are the top year-round military discounts to take advantage of this year. View our Complete Guide to Military Discounts here. Academy Sports Veterans Day Deal Academy offers a discount to active military service members, veterans, and first responders. It’s our way of showing thanks and appreciation for all you do to protect our nation … Read more

2023 Basic Allowance for Housing rates increased by 12.1%, according to the U.S. Department of Defense. The Department of Defense calculated 2023 BAH rates to cover roughly 95% of housing costs (including rent and utilities) in over 300 military housing areas. An estimated $26.8 billion will be paid to over a million service members. The increase … Read more