IRS Provides Update About Coronavirus Stimulus Payments
The IRS has provided information about when and how individuals will receive their coronavirus stimulus payments.
IRS
Stay informed with the latest IRS news and updates specifically curated for current and former federal employees. This section covers critical changes to federal tax laws, FEHB and TSP tax implications, and IRS guidance impacting the civil service. Whether you are navigating your high-3 salary tax brackets or looking for the latest on federal pay raises and agency-wide policy shifts, find the expert analysis you need to manage your career and retirement effectively.
New TSP Hardship Withdrawal Option Likely Coming Soon
A proposed rule would allow TSP participants to make hardship withdrawals in the event of natural disasters.
2020 TSP Contribution Limits Announced
The IRS has announced the 2020 contribution limits for the TSP and IRAs.
Former IRS Employee Heading to Prison for Evading Over $500,000 in Taxes
A former IRS employee is heading to prison for evading payment in over $500,000 in taxes.
Justice Delayed Apparently Is Not Justice Denied
An IRS employee who was fired invoked arbitration but dragged her feet agreeing to a hearing date. She may receive back pay as the result of the appeals court decision.
Protecting Your Personal Info in Today’s Digital World
Our personal data is always at risk in today’s world. These are some tips that can help you stay protected.
OPM Provides FAQs on IRS Health Insurance Forms
OPM has provided some frequently asked questions regarding government health insurance requirements under FEHB for tax year 2018.
Impact of the Government Shutdown on the IRS
The annual report from the Taxpayer Advocate Service outlines the impact of the shutdown on the IRS and agency problems as a result of using 1960’s computer technology.
Treasury: Tax Refunds are Safe in the Event of Another Shutdown
Even if there is another shutdown, the Treasury Department says taxpayer refunds will still be paid.
How Long Should You Keep Tax Records?
What tax related documents do you need to keep, and for how long do you need to keep them? These are some guidelines for tax purposes.
