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Senate mulls tax breaks for vets

from WebCPA

The Senate Finance Committee held hearings on the effects of tax and fiscal policy on the military and veterans and how those could be alleviated through the Tax Code. Committee chairman Max Baucus, D-Mont., noted that the Heroes Earnings Assistance and Tax Relief Act of 2008, also known as the HEART Act, eliminated many obstacles in the tax laws that created problems for veterans and service members. more


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