IRS Announces “Administrative Transition Period” for Catch-Up Contributions to TSP and Similar Plans
The IRS has revised a policy on catch-up contributions that will impact TSP contributions for many federal employees.
IRS
RMD Update…Again!
The IRS released updated guidelines for certain 2023 RMDs. Here is what you need to know.
IRS Ending Most Surprise Visits to Taxpayers’ Homes
The IRS announced a new policy in which it will end most unannounced visits by its agents to taxpayers’ homes.
IRS Agent Used “Alias”, “Deception” to Target Ohio Taxpayer
A Congressman is investigating an alleged incident in which an IRS agent used a fake name to enter an Ohio taxpayer’s home and threaten her with taxes not owed.
IRS Coming After Federal Employees Who Don’t File
The author says that with a possible crackdown coming on tax delinquent federal employees, it is in their best interest to always file their tax returns.
IRS is Preparing to Launch a Free e-Filing System
The Biden administration is rolling out a free government-managed tax filing system, the Internal Revenue Service (IRS) announced Tuesday.
Senators Renew Effort to Hold Tax Delinquent Federal Employees Accountable
Legislation has been reintroduced to hold tax delinquent federal employees accountable for unpaid tax debts or unfilled tax returns.
IRS Rarely Punishes Tax Delinquent Federal Employees
A recent IG report found that the number of tax delinquent federal employees is growing, but the IRS has put little effort into pursuing them.
Should You Delay Your RMD?
Many people don’t realize that RMDs can be delayed. Is this a good idea?
2023 TSP Contribution Limit Increasing Over 9%
The IRS has announced the 2023 annual contribution limits for the TSP and IRAs.
