IRS: TSP Annual Contribution Limit Not Affected by New Tax Law
The IRS said in a recent announcement that the new tax cut law will not change the 2018 annual contribution limit for the TSP.
🇺🇸 In honor of those who gave everything in service to this nation — FedSmith observes Memorial Day with gratitude. 🇺🇸
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.
The IRS said in a recent announcement that the new tax cut law will not change the 2018 annual contribution limit for the TSP.
The IRS has released new tax withholding tables, and many employees should start seeing higher paychecks by February according to the Treasury Department.
Two lawmakers are worried that the Treasury Department will "unduly influence" tax withholding tables to skew the apparent benefits of the new tax law.
A new Gallup poll finds that Americans are showing greater overall satisfaction with some larger federal agencies.
Senator James Lankford (R-OK) has released his third annual report on what he deems to be wasteful spending within the federal government.
A former IRS employee was sentenced for misusing his government health benefits in an effort to obtain opiate drugs.
One Congressman is not satisfied with the apology issued by the IRS to some of the groups it targeted for political reasons.
The Justice Department announced that it has settled lawsuits with conservative groups that had sued over the IRS targeting scandal.
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 Richard Burr (R-NC) wants the IRS to stop rehiring employees who were let go for performance or conduct problems.