Top Tax Tips for Military Personnel
With the start to the new year behind us, it is time to once again plan ahead for tax season. With the exception of those serving in combat zones or stationed outside the U.S, most military personnel and their families must file taxes by the traditional April 15 deadline.
New Consumer Bureau, DoD Announces Scam Tracker
Officials from the newly created Consumer Financial Protection Bureau and the Pentagon announced Wednesday they're forming a program to track scammers who prey on servicemembers and veterans.
The Repeat Offenders Against Military -- ROAM -- Database will collect information those convicted of ripping off troops, veterans and their families, officials said during a gathering at the CFPB's offices in Washington.
Military Saves - Start Small. Think Big.
Military Saves is a national campaign to persuade, motivate, and encourage military families to save money every month, and to convince leaders and organizations to be aggressive in promoting automatic savings.
Mortgage Relief for Service Members
Members of the military services who lost their homes in unfair foreclosures have won a big victory - and will receive big payouts - in the comprehensive settlement of mortgage litigation that was reached last week.
Four big lenders have agreed to identify service members who lost their homes or were denied interest rate reductions in violation of a law that protects active duty and deploying troops from credit card or mortgage abuses - and to make up their losses. The lenders are JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial, formerly GMAC.