Understanding Income Taxes

2 Jan 2010

This YouTube video, while a little boring, gives a great explanation of the basic system of filing and paying taxes in the US. If you are looking for basic knowledge about the process, this is for you.

Show Full Article

Money Topics

Select Service

My Membership

army

My Profile Army Home Page

navy

My Profile Navy Home Page

air force

My Profile Air Force Home Page

marines

My Profile Marines Home Page

coast guard

My Profile Coast Guard Home Page

national guard

My Profile National Guard Home Page

Spouse

My Profile Spouse Home Page

My Profile News Home Page

Personal Finance Topics

More from Paycheck Chronicles

Are GI Bill Payments Taxable?

You may wonder if you need to report your GI Bill on your taxes.

Medicare Open Enrollment Runs Through Dec. 7

During open enrollment you can change or add plans.

What to Do If a Debt Collector Calls

If you get an unexpected call from a debt collector, keeping your wits about you is the best course of action

Retirees, Disabled Vets Get Biggest Raise in 7 Years for 2019

The cost of living increase gives more cash to one in every five Americans.

Road construction sign telling motorists to expect delays

VA Acknowledges Delays in GI Bill Payments

While the VA is finally admitting there are GI Bill delays, it gives no hint of when the backlog will be cleared up.

Most Recent Military Pay Articles

Retirees, Disabled Vets Get Biggest Raise in 7 Years for 2019

The cost of living increase gives more cash to one in every five Americans.

Pennsylvania National Guard members are escorted by emergency responders to the Horry County emergency operations center in Conway, South Carolina, on Sept. 17, 2018, after Hurricane Florence. Pennsylvania National Guardsmen will be the first to see the Army's new mobile pay system roll out. Photo by Capt. Travis Mueller/Pennsylvania National Guard

4 Things Every Soldier Should Know About The Army's New Mobile Pay System

The Army is moving its pay and personnel-management system onto a smartphone-friendly platform.

President Donald Trump exits the Marine One helicopter on return from New York City, Thursday, Sept. 27, 2018, on the South Lawn of the White House in Washington. (AP Photo/Jacquelyn Martin)

Trump Signs Defense Spending Bill with Largest Troop Pay Raise in 10 Years

President Trump signed a $670B defense spending measure that includes the largest boost to service members' pay in 10 years.

In this Sept. 3, 2018, file photo an American flag flies on the U.S. Capitol in Washington. (AP Photo/J. Scott Applewhite)

Defense Spending Bill Approved by House

The House on Wednesday approved a defense spending measure to direct more than $670 billion towards a wave of DoD increases.

Senate Approves Compromise on Defense Spending Bill

It would pay for the largest boost to service members' pay in nearly a decade and gains in troops, equipment and weapons.