Veterans and active duty military can join millions of their fellow Americans and save money at tax time. MyFreeTaxes provides free federal and state tax preparation and filing assistance both online and in person for qualified individuals and families earning $58,000 or less. MyFreeTaxes.com is the only free online tax preparation and filing service available in all 50 states and Washington, D.C., allowing users to file both a federal and state return no matter where they live. Learn more at myfreetaxes.com/ArmyOneSource.
These cities have an IRS certified tax coach onsite in a Veterans organization to assist Service members, Veterans and their Family members with preparing their own taxes through MyFreeTaxes.
- Washington DC – VA Veterans Community Resource & Referral Center
- Dallas, TX – Veterans Community Resource & Referral Center
- Atlanta, GA – Ft. McPherson Veterans Community Resource & Referral Center
- Nashville, TN - Operation Stand Down
- Detroit, MI – VA Hospital & Veterans Community Resource & Referral Center
- Jacksonville, FL – City of Jax Department of Military Affairs & Veterans Services
- Chicago, IL – Workforce Centers promoting through Veterans staff
- Los Angeles, CA – Workforce Centers promoting through Veterans staff
Download the MyFreeTaxes Flyer for more information.
By Ilyce Glink
Managing Editor of Equifax Finance Blog & Contributing Writer, CBS News and Yahoo
The holidays are here, and 2014 is right around the corner. Before you sit down to make that list of New Year’s resolutions, check in on the ones you made last year. Did you save as much as you wanted? Are your retirement goals on track? Did you want to have your credit card paid off by now?
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Photo Caption: John Bear/Daily News Tech Sgt. Fabian Silva hugs his mother Gloria on Wednesday at the Sgt. Willie Estrada Memorial Civic Center.
By Janessa Maxilom
An airman's idea was the catalyst for a new law in the state of New Mexico.
Holloman Air Force Base Tech Sgt. Fabian Silva was recognized on Wednesday at the Sgt. Willie Estrada Memorial Civic Center for his efforts to create a law that went into effect this July.
Like most members of the armed forces Silva has had to deploy to remote areas of the world to serve his nation. During preparations for his last deployment Silva came across a snag while trying to shut off the utilities for his home.
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By Lisa Daniel
American Forces Press Service
WASHINGTON, July 24, 2012 – A redesigned program for service members separating from the military will help veterans better apply the experience they’ve gained in uniform, Defense Secretary Leon E. Panetta said.
President Barack Obama announced the revamped program, called “Transition GPS,” in a speech yesterday at the Veterans of Foreign Wars national convention in Reno, Nev.
"I applaud the leadership of President Obama to bring together government agencies around the goal of enhancing career opportunities for service members," Panetta said in a statement. "Our personnel have developed extraordinary technical expertise and world-class leadership skills that are in high demand. Transition GPS will help military members apply their experience to additional training, formal education, and develop successful civilian careers."
Transition GPS is the first major overhaul of the military’s Transition Assistance Program in nearly 20 years, White House officials said. TAP was developed by an interagency team from the departments of Defense, Veterans Affairs, Labor, Education and Homeland Security, as along with the Office of Personnel and Management and the Small Business Administration.
Be a Military Saver
"I've got plenty of savings, and I never worry about money."
Help our military families and our nation say that and mean it. Join the Military Saves campaign today, and invite your entire organization to become a saving community. Visit www.militarysaves.org.
If you’re part of a military organization, ask your commander to commit to the campaign. It’s part of the DoD Financial Readiness Campaign, and is an official program authorized by the Undersecretary of Defense for Personnel and Readiness. Army, Navy, Air Force, Marine Corp, National Guard, and Coast Guard are all partners in the campaign. It’s as simple as promoting saving – for emergencies, for purchases, for debt reduction, for home ownership, for education, for retirement – to the men and women in your organization, and to their families. Your defense credit union and military bank will help you by offering incentives and support for special events, and your Family Programs office can provide classes, workshop, counseling, and other financial literacy services that your people will want once they commit to building wealth.
If you’re a corporate representative or contractor, support the campaign within the military organizations you’re connected to, and bring the campaign to your company. Military Saves is part of the America Saves campaign, and we are committed to helping all organizations encourage saving among their employees, members and customers. Your human resources, marketing, and other executive staff will be interested in the simple system we suggest for campaign participation, and in the customizable resources available for your campaign partnership.
Go to www.militarysaves.org. today, and click on the “Resources” tab. If you have questions or want individual consultation, call or email us. Welcome to the campaign for a financially free America!
By Holly Petraeus
In April 2012, at Fort Stewart, GA, I was privileged to watch President Obama sign Executive Order 13607: Establishing Principles of Excellence for Educational Institutions Serving Service members, Veterans, Spouses and other Family Members.
Today, the CFPB is very pleased to join the Departments of Veterans Affairs, Defense, Education, and Justice, as well as the Federal Trade Commission, in announcing a new online student complaint system where servicemembers, veterans, and their families can report negative experiences at education institutions and training programs administering the Post-9/11 GI Bill, DoD Military Tuition Assistance, and other military-related education benefit programs.
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By Holly Petraeus
It’s no secret that the housing crisis in recent years was particularly hard on military families. Servicemembers and their spouses at installations around the country, and even abroad, cited problems with mortgages as some of their most serious financial challenges. But now, the CFPB has written new mortgage rules that can help.
More than a third of the consumer complaints we’ve received from the military are mortgage-related. And at listening sessions around the country, concerned military families have told me about the painful consequences of poor mortgage servicing, sloppy lender recordkeeping, and inconsistent foreclosure practices. Obviously, servicemembers aren’t the only homeowners who have run into trouble with mortgage servicers or faced financial hurdles. But the demands of military service sometimes increase the severity of the problems or limit the solutions available to address them.
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By Jason McGlone- Director, Advertising Review – July 26, 2013
Posted in: Advertising, Alerts/Scams, National
The market for used and refurbished electronics is understandably huge; it’s often a really good way to get a gadget for less than full price. What’s more, you can still stay up-to-date with the latest and greatest in tablets, cellphones and computers.
Whether you’re selling or buying used or refurbished electronics, you’ll want to be thoughtful when it comes to personal information. It’s vital to safeguard your personal information and to be sensitive of others’, as well. If you don’t you could risk embarrassment at best and identity theft at worst.
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By Katie Burgoyne – July 25, 2013
Posted in: Consumer/Business Services, Moving Services, National, Real Estate, Sales, Scam
Many tasks need to be completed when you move. One of the easiest and most essential chores is changing your mailing address. The smartest way to do this is to go to your local post office in person, or by visiting the official United States Postal Service website. But because we are creatures of habit living in a technology-driven age, people often turn to their favorite search engine for all their needs.
Herb Weisbaum, the ConsumerMan, contributed a report to CNBC warning consumers of potential pitfalls in relying upon “change my address” Google searches. Results list the official USPS website, along with a slew of privately run businesses. These private companies offer to complete the change of address process for you, but at a cost anywhere from $17 to $24 to cover fees (postage, handling, mailing, etc.) There have been hundreds of complaints regarding these private services, in part because of the hidden fees that are charged.
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By Charles Wood – July 26, 2013
Posted in: Alerts/Scams, Consumer/Business Services
Better Business Bureau
BBB warns public about potential credit damage from Texas-based company
World Law Debt tells consumers it can reduce the amount they owe and help pay down debt. But, Better Business Bureau discovered the company’s practices often get consumers into legal trouble and drive them further into debt.
As of July 24, 2013, BBB has 34 reportable complaints for World Law Debt on its BBB Business Review. The company did not respond to 17 complaints and failed to resolve eight. Complainants allege they paid monthly fees into an account to be used to pay down their debt. No communication was made with creditors and large upfront fees were removed from the account. Some consumers further allege they were pursued by collection agencies and in some cases sued by their creditors as a result.
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Recent military veterans will have top priority for jobs under a federal program to put more police officers on patrol on America's streets
Under the Justice Department's COPS (Community Oriented Policing Services) program, 629 of the 800 police jobs funded for the next three years – all the newly hired officers – must go to veterans who served at least 180 days' active duty since 9/11. This is the first time the 18-year-old COPS program has required cities and counties seeking grants to hire veterans exclusively.
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