There are a lot of things about military life that are different from civilian life.Your taxes are no different. Here are just a few examples
The Combat Zone Tax Exclusion
Special Rules for Determining if You Can Exclude Profits from the Sale of Your Home from Taxes
The Strickland Decision and Revenue Ruling 78-161
Extending IRS Deadline
At C.L. Sheldon & Company, we specialize in dealing with military tax issues. If you're looking for some help dealing with them, we're ready to lend you a hand. And if you're not a current or prior military officer we're happy to help you too.
Tax preparation fees vary depending on the complexity of the return and the number of state returns involved. Fees start at approximately $140 (if no state return involved) and for very complex returns could reach $1,000. Most active or retired military officers pay between $200 and $500.
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