The Military Money Manual Podcast Military Taxes, State Tax Laws & Spouse Side Hustles | Military Spouse Residency Relief Act | Military Tax Experts Alliance w/ Paul Allen #130
Taxes can be complicated. Military families have a number of unique concerns when thinking about their taxes- which state(s) to file in, how to withhold taxes, how a gig economy or side hustle affects the plan, how to handle rental property, etc.
Today's main points include:
- Common tax problems for military families
- Important tax implications for families with a rental property or side hustle
- Warning signs when looking at financial advisors
- Filing in multiple states
- Filing wholly on your own or wholly through a CPA are not your only options
For a limited time, Spencer is offering one-on-one Military Money Coaching sessions! Get your personal military money and investing questions answered in a confidential coaching call.
Links mentioned in today's show:
- PIM Tax Services
- MFAA- Military Financial Advisors Association
- Military Tax Experts Alliance
- MQFP search
- Nectarine service for financial advisor hourly meeting
- MilTax via Military One Source
- Paul Allen on LinkedIn
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If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.
If you want to maximize your military paycheck, check out Spencer's 5-star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.
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