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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.

Lawmakers Worried Treasury Department Will Use New Tax Tables for Political Gain

FedSmith.com author Ian SmithBy Ian SmithJan 9, 2018 9:28 AM | Updated: Jan 15, 2018 2:53 PM Categories Agency News Leave a comment

Two lawmakers are worried that the Treasury Department will “unduly influence” tax withholding tables to skew the apparent benefits of the new tax law.

What Do Americans Think of Federal Agencies?

FedSmith.com author Ian SmithBy Ian SmithJan 2, 2018 7:49 PM | Updated: Jan 10, 2018 11:02 AM Categories Agency News Leave a comment

A new Gallup poll finds that Americans are showing greater overall satisfaction with some larger federal agencies.

Telework Abuse Highlighted in Lankford’s 2017 Waste Report

FedSmith.com author Ian SmithBy Ian SmithNov 27, 2017 3:54 PM | Updated: Mar 20, 2019 6:11 AM Categories Agency News Leave a comment
Federal Fumbles 2017

Senator James Lankford (R-OK) has released his third annual report on what he deems to be wasteful spending within the federal government.

Former IRS Employee Sentenced for Racking Up Over $824,000 in Fraudulent Medical Payments

FedSmith.com author Ian SmithBy Ian SmithNov 23, 2017 5:18 PM | Updated: Dec 7, 2017 5:05 PM Categories Court Cases Leave a comment

A former IRS employee was sentenced for misusing his government health benefits in an effort to obtain opiate drugs.

Buchanan to IRS: ‘Heads Should Roll’

FedSmith.com author Ian SmithBy Ian SmithOct 31, 2017 10:38 AM | Updated: Jul 5, 2019 11:40 AM Categories Agency News Leave a comment

One Congressman is not satisfied with the apology issued by the IRS to some of the groups it targeted for political reasons.

DOJ Settles Lawsuits Over IRS Targeting Scandal

FedSmith.com author Ian SmithBy Ian SmithOct 27, 2017 3:44 PM Categories Agency News Leave a comment

The Justice Department announced that it has settled lawsuits with conservative groups that had sued over the IRS targeting scandal.

DOJ Says It Won’t Prosecute Lois Lerner for IRS Targeting Scandal

FedSmith.com author Ian SmithBy Ian SmithSep 9, 2017 11:24 AM | Updated: Sep 18, 2017 9:39 AM Categories Agency News Leave a comment

The Justice Department said that it does not intend to prosecute Lois Lerner for her role in the IRS targeting scandal of Tea Party groups.

Senator Wants to Stop the IRS From Rehiring Employees It Fired

FedSmith.com author Ian SmithBy Ian SmithJul 28, 2017 6:11 AM | Updated: Feb 20, 2018 6:58 PM Categories Agency News Leave a comment

Senator Richard Burr (R-NC) wants the IRS to stop rehiring employees who were let go for performance or conduct problems.

House Bill Cuts IRS Budget, Imposes Restrictions

FedSmith.com author Ian SmithBy Ian SmithJun 29, 2017 9:52 AM Categories Agency News Leave a comment
Internal Revenue Service sign with a traffic signal in the foreground indicating a red light

A spending bill has been introduced in the House that would reduce the overall budget for the IRS and impose new restrictions on the agency.

Former IRS Revenue Officer Heading to Prison for Tax Evasion

FedSmith.com author Ian SmithBy Ian SmithMay 10, 2017 10:14 AM | Updated: May 12, 2017 8:28 AM Categories Court Cases Leave a comment

A former IRS revenue officer has been sentenced to prison for tax evasion despite operating a business in which he helped clients deal with tax problems.

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Daily TSP Performance

March 4, 2026

Fund Last % YTD
G Fund $19.7330 +0.01% +0.74%
F Fund $21.1358 -0.10% +1.22%
C Fund $110.1211 +0.78% +0.56%
S Fund $103.7789 +0.78% +3.36%
I Fund $59.1932 +0.09% +6.67%
L Income $29.6598 +0.15% +1.42%
L 2030 $59.3279 +0.30% +2.12%
L 2035 $18.0907 +0.35% +2.33%
L 2040 $69.4555 +0.38% +2.46%
L 2045 $19.2399 +0.41% +2.58%
L 2050 $42.6705 +0.43% +2.69%
L 2055 $22.0840 +0.53% +3.06%
L 2060 $22.0815 +0.53% +3.06%
L 2065 $22.0790 +0.53% +3.06%
L 2070 $13.0860 +0.53% +3.06%
L 2075 $11.4306 +0.53% +3.06%
Get detailed TSP data at TSPDataCenter.com

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