VA disability compensation is completely tax-free at both federal and state levels. You don't report it on your tax return. You don't pay income tax on it. You never will.
This is a sponsored column by attorneys John Berry and Kimberly Berry of Berry & Berry, PLLC, an employment and labor law firm located in Northern Virginia that specializes in federal employee, ...
If you're a veteran receiving disability benefits from the U.S. Department of Veterans Affairs (VA), one of the most important questions during tax season is whether those payments ...
If you’re disabled but have a lot of money stashed away in savings and investments, should you apply for Social Security disability benefits? Let’s take an example: a 62-year-old man has been deemed ...
I often feel guilty if I write a column that essentially repeats information I've given in past columns. But readers often remind me that I shouldn't worry about that. For example, today, I got an ...
Many retirees approaching retirement age or facing difficult circumstances (such as the loss of a spouse or a severe disability) rely on Social Security benefits as a vital safety net. However, the ...