According to Air Force Magazine contributing editor Tom Philpott, combat-zone tax exclusions, Earned Income Tax Credit changes, and child tax credits that took effect in 2005 have softened the tax liability for the military. And, for troops in combat areas, there will be no penalty for filing a tax return late. Once they leave the combat zone, they have six months plus the number of days spent in the zone to file a return.
The Space Development Agency says it’s on track to issue its next batch of missile warning and tracking satellite contracts this month after those awards were delayed by the Pentagon’s decision to divert funds from the agency to pay troops during this fall’s prolonged government shutdown.
