What Tax Records Should You Keep?
With the end of the year and tax season approaching, the IRS is reminding taxpayers about what tax records they should keep and for how long.
IRS
IG: IRS Employees Sent Unencrypted Emails Containing Personal Data of Thousands of Taxpayers
A recent inspector general report found that the IRS may have a widespread problem in which its employees are sending unencrypted emails containing the personal data of taxpayers.
FedSmith.com Users Overwhelmingly Support Congressional Term Limits
We recently asked our users if they were in favor of Congressional term limits and the use of private tax collectors by the IRS. The responses left no doubt where our readers stand on these issues.
TSP Annual Contribution Limit Unchanged for 2017
The Internal Revenue Service has announced that the annual contribution limit for the Thrift Savings Plan will remain at $18,000 per year.
IRS is Outsourcing Debt Collection Again
The Internal Revenue Service has announced plans to begin private collection of certain overdue federal tax debts as early as spring of 2017. At least one union representing federal employees is opposed to the plan.
Required Minimum Distributions and Your IRA
How do required minimum distributions work with your traditional IRA? Here are some key facts for you to know.
Poor Customer Service Leads to Removal
An IRS employee who cursed out a taxpayer in front of several witnesses could not persuade the court that his removal was unwarranted.
The IRS and the Olympics
Team USA is competing in the Rio Olympics and bringing home their medals. But along with their victories comes something else: taxes owed to the IRS. Some in Congress are working to change that.
Republican Platform Calls for Cutting Federal Workers’ Pay and Benefits
How would a Republican administration potentially impact federal workers? Here is a summary of the 2016 Republican platform insofar as it would affect federal employees.
Bill Passes House to Block Performance Awards for Many Senior Execs
An appropriations bill passed by the House contains an amendment that would ban performance bonus payments for many senior executives.
