Tag: Taxes

Senators Still Concerned About Unexpected Tax Bills for Some Federal Employees

By on November 20, 2018 in Pay & Benefits with 0 Comments
Senators Still Concerned About Unexpected Tax Bills for Some Federal Employees

Two Senators are again pressing the GSA to do more to help some federal employees who could potentially face an unexpected tax bill.

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Taxpayers Have a New Guide to the Tax Law Changes

By on November 7, 2018 in Pay & Benefits with 0 Comments
Taxpayers Have a New Guide to the Tax Law Changes

The Tax Cuts and Jobs Act modified tax rules starting in 2018. This new guide from the IRS alerts individual taxpayers to important changes.

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2019 Contribution Limits Announced for the TSP

By on November 1, 2018 in Retirement with 0 Comments
2019 Contribution Limits Announced for the TSP

The IRS has announced the 2019 contribution limits for the TSP and IRAs. How much extra will you be able to save?

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Should Federal Employees Pay Off Their Homes?

By on October 24, 2018 in Retirement with 0 Comments
Should Federal Employees Pay Off Their Homes?

Should you pay off your home mortgage? The author discusses some pros and cons to consider in weighing the decision.

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Roth Re-Characterization Deadline Fast Approaching

By on October 9, 2018 in Retirement with 0 Comments
Roth Re-Characterization Deadline Fast Approaching

Have you re-characterized a Roth IRA? This October has an important deadline for taxpayers using this technique.

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IRS Wants to Help (Seriously)

By on September 12, 2018 in Agency News with 0 Comments
IRS Wants to Help (Seriously)

The tax law has changed and readers may be having too much or too little withheld. The IRS wants to help.

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IRS Changing Format of Tax Transcripts

By on August 23, 2018 in Agency News with 0 Comments
IRS Changing Format of Tax Transcripts

The IRS announced it is changing the format of tax transcripts in an effort to protect taxpayers’ personal data.

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IRS Encourages Taxpayers to Do a ‘Paycheck Checkup’

By on August 17, 2018 in Pay & Benefits with 0 Comments
IRS Encourages Taxpayers to Do a ‘Paycheck Checkup’

The IRS is advising taxpayers to verify their paycheck withholding amounts to ensure they don’t end up with a big refund next year.

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How Much is $100 Worth in Your State?

By on August 15, 2018 in Pay & Benefits with 0 Comments
How Much is $100 Worth in Your State?

A new report shows the spending power of $100 in each of the 50 states.

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Taxes Are Temporarily ‘On Sale’ – Are You Taking Advantage?

By on July 30, 2018 in Retirement with 0 Comments
Taxes Are Temporarily ‘On Sale’ – Are You Taking Advantage?

With federal spending rising, future individual tax rates are expected to be higher. The author describes options for offsetting this potential tax burden.

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