If you're a service member or a veteran with an honorable discharge, the GI Bill may provide funding to help with college costs. The benefits can add up to thousands of dollars that you do not have to report as income on your individual income tax return
VA loans:Guaranteed by the U.S. Department of Veterans Affairs (VA), VA loans are for eligible members of the U.S. military (active duty, veterans, National Guard and Reservists) as well as surviving spouses. There’s no minimum down payment, mortgage insurance or credit score requirement,...
For example, reservists can only deduct expenses related to travel as a member of the reserves that’s more than 100 miles from home. The deduction is also limited to the regular federal per diem rate (for lodging, meals, and incidental expenses) and standard mileage rate (for car expenses...
Focuses on the law governing retirement benefits of government employees who are military reservists in New Jersey. Reference to the case of James Davitt Jr., a retired teacher and reserv...