Estate & Asset Protection Attorney, Victoria Collier informs veterans about tax refunds owed to more than 133,000 injured veterans who paid taxes on their severance payments extending back to 1991.
DECATUR, GA, September 13, 2018: Victoria L. Collier, founder of The Estate & Asset Protection Law Firm, has posted a new blog on her law firm’s website entitled “More Than 133,000 Injured Veterans Eligible For Over $78 Million In Tax Refunds.” Ms. Collier, a veteran herself, keeps tabs on important news that will benefit fellow veterans and the information she shares in her latest blog certainly qualifies.
Collier writes, “As a Veteran and an attorney who works with veterans, I keep my readers informed when any new laws are enacted that will affect veterans.” She continues adding, “In 2016, a law known as the Combat-Injured Veterans Tax Fairness Act was passed. This law entitles more than 133,000 injured veterans to tax refunds as far back as 1991.” She elaborates further, “The objective of the law is to ensure that veterans who suffer service-ending combat-related injuries aren’t taxed on the severance payment they receive from the Department of Defense (DOD).”
According to Collier, “The DOD is just beginning to send letters to the eligible veterans with information explaining how to claim the tax refunds. According to an article posted on accountingtoday.com, “The letters will provide an explanation of a simplified method for claiming the refund.”
“There are a couple of ways you can claim the refund,” says Collier. She explains, “You can either send in a claim based on the actual amount of the disability severance payment received by filling out Form 1040X. You must carefully follow the instructions. Or you can opt for a simplified method which is the easiest way.”
The entire blog can be read at https://www.elderlawgeorgia.com/more-than-133000-injured-veterans-eligible-for-over-78-million-in-tax-refunds/
About Victoria Collier
Victoria L. Collier, CELA founded The Elder & Disability Law Firm of Victoria L. Collier, P.C. to serve the legal needs of seniors when their health care needs increase. Victoria is also Co-Founder of Collier Scott Financial Solutions, LLC. At both firms WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability.
Victoria enlisted in the U.S. Air Force during Desert Storm, 1989-1995, and also served in the U.S. Army Reserves, 1Lt. 2001-2004, JAG Corps. Victoria is a national expert on the VA Wartime Pension for veterans and their widows who need additional assistance with activities of daily living and helping them qualify for and receive tax-free income from the VA to pay for it. Victoria graduated from Valdosta State University with a B.A. in Psychology and then University of Nebraska, College of Law. In 2014, Victoria was awarded with the Alumni Master Award from the University of Nebraska.
Victoria is a Certified Elder Law Attorney through The National Elder Law Foundation and has been named as the only attorney in Georgia as “Fellow” of the National Academy of Elder Law Attorneys (NAELA). Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit. Victoria has co-authored several books: Blooper Episodes in Estate Planning, Don’t Go Broke in a Nursing Home, and Protect Your IRA: Avoid the 5 Common Mistakes. Most notably, Victoria co-authored the National Best Seller, The Road to Success, with Jack Canfield, author of Chicken Soup for the Soul series.
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Victoria Collier has grown her law practice and financial services practice by providing excellent customer satisfaction with personalized wealth protection plans.