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Military tax tips: New tax law is (mostly) good news

from Military Times

The deadline for filing federal income tax returns is April 15. If you live in Maine or Massachusetts, you have until April 17 to file. "The good news is that most of our service members should see a substantial reduction in their overall federal taxes for 2018, even if their itemized deductions are either suspended or capped because of changes in the tax code," said Army Lt. Col. David Dulaney, executive director of the Armed Forces Tax Council. Dulaney highlighted some changes and considerations of special interest to military families. more

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