From combat zone extensions to disability pay exclusions, veterans have access to tax provisions that most never claim.
Defense Secretary Pete Hegseth said he supports the Richard Star Act to give medically retired veterans full compensation.
Welcome to Tax Week, a weeklong series of guides and resources for the 2025 tax season. Active-duty military service members and their families can generally rely on a fundamental rule of the taxation ...
Defense Secretary Pete Hegseth has endorsed the Maj. Richard Star Act, which would allow about 54,000 combat-disabled military retirees to receive full retirement pay alongside VA disability ...
Military retirement pay increase 2026: Military retirees will see a 2.8% increase in their 2026 retirement pay, matching the annual Cost-of-Living Adjustment applied to Social Security and VA ...
U.S. soldiers with the New York National Guard patrol near the U.S. Supreme Court, Washington, D.C., Jan. 16, 2021. (U.S. Air National Guard photo by Tech. Sgt. Ryan Campbell) Several justices on the ...
The Department of Veterans Affairs (VA) pays out monthly benefits to millions of veterans who are disabled as a result of their active military service. This monthly tax-free payment is a lifeline for ...
Compensation for military personnel is found in both the defense and nondefense parts of the federal budget. Defense funding, in the Department of Defense’s (DoD’s) budget, is mostly for current ...