Generated by All in One SEO v5.0.1.1, this is an llms.txt file, used by LLMs to index the site. # Military Tax Experts Alliance ## Sitemaps - [XML Sitemap](https://militarytaxexperts.org/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Should I DIY my taxes or engage a tax professional?](https://militarytaxexperts.org/should-i-diy-my-taxes-or-engage-a-tax-professional/) - This topic comes up quite often and the answer, just like many tax questions, is it depends. As your tax return prep becomes more difficult, the more likely you should engage a tax professional. Often there is a triggering point that causes someone to consider engaging a tax professional. The taxpayer starts a business or - [Choosing a Tax Professional](https://militarytaxexperts.org/choosing-a-tax-professional/) - Choosing a tax professional can be difficult. Deciding to hand your financial information and personal information out to anyone can be worrisome. But also trusting someone to help get your tax filings right can be difficult, especially since mistakes can result in penalties and additional costs, perhaps even a blemish to your “permanent record”. If - [An Overview of Public Law 119-21 also commonly referred to as One Big Beautiful Bill Act or OB3 Act](https://militarytaxexperts.org/an-overview-of-public-law-119-21-also-commonly-referred-to-as-one-big-beautiful-bill-act-or-ob3-act/) - Disclaimer: Do not make tax planning or preparation decisions based on just this article. This article is for informational purposes only. The tax code and any guidance the IRS provides should be relied on for tax preparation and planning, as well as a competent tax professional who you have engaged for services. The tax code - [Qualified Vehicle Loan Interest Deduction](https://militarytaxexperts.org/qualified-vehicle-loan-interest-deduction/) - Disclaimer: Do not make tax planning or preparation decisions based on this article. This article is for informational purposes only. The tax code and any guidance the IRS provides should be relied on for tax preparation and planning, as well as a competent tax professional who you have engaged for services. The tax code can - [OB3 Act and Overtime Compensation Deduction](https://militarytaxexperts.org/ob3-act-and-overtime-compensation-deduction/) - Disclaimer: Do not make tax planning or preparation decisions based on just this article. This article is for informational purposes only. The tax code and any guidance the IRS provides should be relied on for tax preparation and planning, as well as a competent tax professional who you have engaged for services. The tax code - [OB3 Act and Cash Tips Deduction](https://militarytaxexperts.org/ob3-act-and-cash-tips-deduction/) - Disclaimer: Do not make tax planning or preparation decisions based on just this article. This article is for informational purposes only. The tax code and any guidance the IRS provides should be relied on for tax preparation and planning, as well as a competent tax professional who you have engaged for services. The tax code - [OB3 Act and The Senior Citizen Deduction](https://militarytaxexperts.org/ob3-act-and-the-senior-citizen-deduction/) - Disclaimer: Do not make tax planning or preparation decisions based on just this article. This article is for informational purposes only. The tax code and any guidance the IRS provides should be relied on for tax preparation and planning, as well as a competent tax professional who you have engaged for services. The tax code - [State and local tax deductions and OBBBA or OB3 Act or One Big Beautiful Bill Act](https://militarytaxexperts.org/state-and-local-tax-deductions-and-obbba-or-ob3-act-or-one-big-beautiful-bill-act/) - Disclaimer: Do not make tax planning or preparation decisions based on just this article. This article is for informational purposes only. The tax code and any guidance the IRS provides should be relied on for tax preparation and planning, as well as a competent tax professional who you have engaged for services. The tax code - [Military Tax Situations: Sale of a home. Do I need to pay taxes?](https://militarytaxexperts.org/military-tax-situations-sale-of-a-home-do-i-need-to-pay-taxes/) - While this is an important topic for any taxpayer selling a home, it comes up frequently in military tax situations due to relatively frequent moving. On social media many well meaning folks will give you answers to this question that are incomplete at best and sometimes outright wrong. If you’ve asked this question on social - [Danger LLC, Danger! BOI Reporting.](https://militarytaxexperts.org/danger-llc-danger-boi-reporting/) - If your reporting company has not complied yet, time may be running out. Most LLCs and many other entities (“reporting companies”) have a relatively new federal government filing requirement. The reporting started on January 1, 2024. The reporting is required under the Corporate Transparency Act (CTA) which is now federal law. Most reporting companies are - [They Said You Should Start an LLC. Part C.](https://militarytaxexperts.org/they-said-you-should-start-an-llc-part-c/) - In Part A we covered a Single Member LLC (SMLLC). In Part B we discussed a Multi-Member LLC (MMLLC). In Part C, the final part, we are discussing S corporations. When you have an LLC it is possible to elect S corporation status. When you do this you are choosing to be treated as a - [They Said You Should Start an LLC. Part B.](https://militarytaxexperts.org/they-said-you-should-start-an-llc-part-b/) - In Part A we covered a Single Member LLC. This part will be about a Multi-Member LLC (MMLLC) and this part is more complicated than Part A. Disclaimer: This discussion is incomplete. It does not cover all situations and scenarios. This article is providing information and that information is not intended to be applied to - [They said you should start an LLC. Part A.](https://militarytaxexperts.org/they-said-you-should-start-an-llc-part-a/) - I hear it again and again. You should start an LLC (Limited Liability Company) for the tax benefits. You should put a rental property under an LLC for the tax benefits. Let’s talk about the tax benefits of having your rental property or business owned and operated by a Single Member LLC (SMLLC). The cost - [Military and the Partial Exclusion of Capital Gains due to the sale of a primary home.](https://militarytaxexperts.org/military-and-the-partial-exclusion-of-capital-gains-due-to-the-sale-of-a-primary-home/) - It turns out service members (and their spouses, if they have one) often don’t get to live in a house for at least 24 months or 730 days. This is one of the requirements to exclude capital gains from taxation due to the sale of a primary residence under Section 121 of the tax code.. - [Five Tax Traps to Avoid When You Retire from the Military](https://militarytaxexperts.org/five-tax-traps-to-avoid-when-you-retire-from-the-military/) - Retiring from the military brings many changes to a family. Children can start making more lasting relationships at school. Spouses who bore the brunt of child-rearing and household chores can become more career-focused. The family member who wore the uniform of the United States each day must now actually decide what to wear to work! - [Depreciation Part 5. Fixing Depreciation Errors](https://militarytaxexperts.org/depreciation-part-5-fixing-depreciation-errors/) - Part 4 was a list of indicators of a depreciation error. If it turns out there was one, how is it fixed? Many of us know the go to method for fixing tax filing errors. That method is to amend previous returns. It is natural to think that we know how to fix the tax - [Depreciation Part 4. Spotting depreciation errors.](https://militarytaxexperts.org/depreciation-part-4-spotting-depreciation-errors/) - A quick list of clues that might be noticed when reviewing a landlord’s tax return that might indicate a depreciation error or multiple errors. These don’t all necessarily mean that there is an error, but that there may be an error. 1. No depreciation done. 2. Depreciation basis of the rental property equals the buy - [Depreciation Part 3: Basis and Land](https://militarytaxexperts.org/depreciation-part-3-basis-and-land/) - Determining your depreciation deduction for your residential rental property starts with getting the depreciation basis correct. Getting basis wrong is the source of many military landlord depreciation errors. Many military landlord rentals are converted properties, converted from a primary residence to a rental. In these situations your basis will be the LOWER of either your - [Depreciation Part 2 What is depreciation?](https://militarytaxexperts.org/depreciation-part-2-what-is-depreciation/) - What is depreciation? I suppose this should have been Part 1, but here we are. The people who wrote tax laws don’t usually want you to take a big tax deduction when you buy and put into service an expensive asset or when you do a big improvement on that asset. And they realize most - [Military Landlord Taxes: Depreciation Part 1](https://militarytaxexperts.org/military-landlord-taxes-depreciation-part-1/) - Let's talk about depreciation of residential rental property-just residential rental property. And the building structure (often a house) in particular. If you are an active participant in the rental activity, then depreciation is allowed (***Don't stop here, deciding this doesn't apply to you because you don't want to depreciate. That is unwise). This is different - [Why is Depreciation Recapture on the sale of a rental property required if depreciation was never taken?](https://militarytaxexperts.org/why-is-depreciation-recapture-on-the-sale-of-a-rental-property-required-if-depreciation-was-never-taken/) - I received this question on social media. I answered it and will answer here, with the standard disclaimer that you shouldn’t take this as tax advice for your particular situation, but as information on where to start getting what you need to make a determination for your particular tax situation. Know that tax laws change - [Write off your PCS](https://militarytaxexperts.org/write-off-your-pcs/) - Many military families are in the final planning stage of their permanent change of station (PCS) move. As “PCS season”approaches, tax questions about what moving expenses are deductible and how to deduct them are often asked. Unlike other tax deductions, you do not need to itemize on your taxes to benefit from this savings. The - [Schedule E - M.A.D.E. E.A.S.Y.](https://militarytaxexperts.org/schedule-e-m-a-d-e-e-a-s-y/) - Whether you have a rental property for investment reasons or, like many military families, it’s time to PCS, you need to complete and attach IRS Schedule E to your 1040. This information is based on both my personal experience investing in rental real estate and common errors I’ve seen new clients make on their tax - [529 FAQs for College Savings](https://militarytaxexperts.org/529-faqs-for-college-savings/) - We've been investing in 529s for our children for almost two decades. Like most of you, we hope to seamlessly combine our 529s with our Coverdell Educational Savings Accounts (ESA), Post 9/11 GI Bill benefits, scholarships, and education tax credits. With more parents contributing to a 529 plan to help pay for their child's college - [Depreciation Recapture for Military Landlords: The Good, Bad, and the Ugly.](https://militarytaxexperts.org/depreciation-recapture-for-military-landlords-the-good-bad-and-the-ugly/) - ***This article is focused on federal law, the laws in your state may differ. The concepts presented here are simplified, written for common situations, and may not fully address your tax situation. This article should not be taken as tax advice for your tax situation. It is written for informational purposes only. **** Depreciation is - [More fun with LLCs: The Corporate Transparency Act](https://militarytaxexperts.org/more-fun-with-llcs-the-corporate-transparency-act/) - Yay! More laws, just what we all wanted. The purpose of the Corporate Transparency Act (CTA) is to reduce terrorist financing, money laundering, and other illegal activities. Like most of you I am 100% confident that it will be effective in stopping those things. The CTA was signed into law in 2020 and goes into - [Why we are here](https://militarytaxexperts.org/why-we-are-here/) - I have the honor to write this first article for the Military Tax Experts Alliance website, miltiarytaxexperts.org. We should have created the Military Tax Experts Alliance much sooner. Maybe we could have prevented all those times we’ve seen tax returns messed up because the preparer didn’t understand how military life impacted taxes. The good news ## Pages - [Military Tax Experts Alliance](https://militarytaxexperts.org/) - Military Tax Experts AllianceDelivering the highest quality tax services to those who serveWho we areWe are a team of military affiliated tax professionals, each with our own independent tax company, on a mission to provide the highest quality tax service to military personnel. We are credentialed as CPAs or Enrolled Agents (EAs), or with the - [Paul Allen, EA, CFP®, MAFPL](https://militarytaxexperts.org/paul-allen-ea-cfp-mafpl/) - PIM TAX SERVICES (757) 357-1110 Paul Allen, CFP®, MQFP®, EA opened PIM Tax Services in 2015, dedicated to providing quality affordable tax preparation service to active duty, retired, and Reserve servicemembers. I earned Enrolled Agent status (the highest tax credential awarded by the Treasury Department) in January 2016. PIM has now grown to seven - [Who We Are](https://militarytaxexperts.org/who-we-are/) - We work with military clients across the globe to ensure tax compliance at all levelsIt can be incredibly difficult to know who to trust when it comes to your taxes. We understand this better than most which is why we formed the Military Tax Experts Alliance. We offer a consolidated network of vetted tax professionals - [Gailo Bodenhamer, AFC®](https://militarytaxexperts.org/gailo-bodenhamer/) - Sapphire Bookkeeping & Tax Solutions LLCI am a proud native Texan and military spouse of 24 years, deeply committed to supporting the military community through both professional and volunteer roles. I earned a B.A. in Business from Southwestern University in Georgetown, TX, and my passion for lifelong learning and community service has guided my career - [Emily Wilson, EA, CRETS](https://militarytaxexperts.org/emily-wilson-ea-crets/) - Inspiration Tax As both a military brat and retiree, I have a greater-than-average appreciation for the military lifestyle, and its hardships and rewards. My eclectic background of experience and education have uniquely positioned me to expertly advocate for those with whom I work. Prior to my entry into tax, I was a Navy Officer, receiving - [Scott Vance, EA, CFP®](https://militarytaxexperts.org/scott-vance-ea-cfp/) - Taxvanta910-996-0316I grew up in Pennsylvania, where I spent my early years playing soccer and wrestling. After high school, I enlisted in the Army National Guard and went on to attend King’s College in Wilkes-Barre, PA. Following college, I commissioned as an officer in the U.S. Army, serving in Field Artillery and deploying as part of - [Nisla Love, MST, EA](https://militarytaxexperts.org/nisla-love-mst-ea/) - Choose Love Solutions 910-302-8429I’m based in North Carolina, and everything I do is shaped by both my education and my real-life experience. I hold a Master’s degree in Taxation and I’m an IRS Enrolled Agent, which means I’m able to represent clients before the IRS and help them work through complicated tax situations with clarity, - [Anna Cruz, EA](https://militarytaxexperts.org/anna-cruz-ea/) - FinTax Help210-500-0098 Hi! I’m Anna Cruz–an Enrolled Agent, federally licensed to represent taxpayers before the IRS, and the owner of FinTax Help. People deserve clarity, honesty, and compassion when dealing with their tax issues. I turn tax situations from overwhelming to easy and understandable. I studied business at the US Air Force Academy before earning - [Alex Means, EA, CAA](https://militarytaxexperts.org/alex-means-ea-caa/) - TaxProLady 931-221-9026I’m the founder of TaxProLady, where I help individuals and small businesses navigate tax challenges, stay compliant, and keep more of what they earn. As an IRS Enrolled Agent, Certified Acceptance Agent (CAA), and QuickBooks ProAdvisor, I combine deep tax knowledge with real- world business support. Before launching my tax practice, I spent over - [Attiyya Ingram, AFC®, AFSP](https://militarytaxexperts.org/attiyya-ingram-afc-afsp/) - Ingram Financial Management CURRENTLY NOT ACCEPTING NEW CLIENTS I am a native of Philadelphia, Pennsylvania. I graduated from Hampton University with a B.S. degree in Accounting and have earned a graduate certificate in financial planning from Boston University. After volunteering with multiple financial nonprofit organizations, in 2011, I was selected as a Financial Industry Regulatory - [Teara Parker, EA](https://militarytaxexperts.org/teara-parker-ea/) - Prepped By ParkerCURRENTLY NOT ACCEPTING NEW TAX PREP CLIENTS ACCEPTING BOOKKEEPING CLIENTS For the past 18 years, I have been a dedicated partner in my husband’s military journey, which has taken us around the world. During this time, I earned a Bachelor’s Degree in Business Management from Wichita State University, an MBA in Human Resources - [Kaylyn Bugay, CFP®, ChFC®, EA, AFC®](https://militarytaxexperts.org/kaylyn-bugay-ea-afc/) - KB FINANCIAL PLANNING LLC (541) 714-3354I graduated from the University of Alaska Anchorage with a B.A. degree in Finance. After volunteering with several military organizations providing financial education to servicemembers, I applied for and was granted the FINRA Foundation Military Spouse Fellowship. I completed the Accredited Financial Counselor® (AFC®) designation in 2020, developed in partnership - [Christie Tornikoski, EA, AFC®](https://militarytaxexperts.org/christie-tornikoski/) - Spire Tax 978-801-1999Step into the world of money talk with me, Christie Tornikoski. I am a well-established international tax expert, military money guru, financial counselor, and licensed real estate professional. I own and operate Spire Financial Consulting, and when I’m not nerding out over tax code, I love guiding my clients to financial knowledge with - [Jerry Zeigler, EA, AFC®](https://militarytaxexperts.org/jerry-zeigler-ea-afc/) - JZ Financial Managment(717) 660-0709 I am currently not accepting new clients for tax preparation. I am an Accredited Financial Counselor® and an Enrolled Agent with a passion for both personal finance and taxes. But there is more to me than that. I was born into a US Navy family and I continued our tradition of - [Forum](https://militarytaxexperts.org/community/) - [News](https://militarytaxexperts.org/news/) - Search for: Jerry Zeigler2025-07-19T13:06:26+00:00An Overview of Public Law 119-21 also commonly referred to as One Big Beautiful Bill Act or OB3 ActJerry Zeigler2025-07-19T13:06:26+00:00July 14th, 2025|0 CommentsDisclaimer: Do not make tax planning or preparation decisions based on just this article. This article is for informational purposes only. The tax code and any guidance[...]Jerry Zeigler2025-07-11T16:54:21+00:00OB3 Act and - [Contact Us](https://militarytaxexperts.org/contact-us/) - Email Us info@militarytaxexperts.org Let’s get started.Tax matters can be complicated and our experts are on hand to help with all of your tax needs. 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