Tag: Taxes

Senators Concerned About Unexpected Tax Bills for Some Federal Employees

By on April 25, 2018 in Pay & Benefits with 0 Comments
Senators Concerned About Unexpected Tax Bills for Some Federal Employees

A change in the new tax law is leaving some federal employees who move for work with unexpected tax bills. Two Senators are asking the GSA to fix the problem.

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Tax Freedom Day is April 19

By on April 19, 2018 in Pay & Benefits with 0 Comments
Tax Freedom Day is April 19

Tax Freedom Day falls on April 19 this year. What is the significance of this event?

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5 Spring Cleaning Tips for Your Financial House

By on April 5, 2018 in Retirement with 0 Comments
5 Spring Cleaning Tips for Your Financial House

What is your plan for retirement? The author lists some tips to help you make sure you are on the right track.

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Which States Have the Highest Income Tax Rates?

By on March 15, 2018 in Pay & Benefits, Retirement with 0 Comments
Which States Have the Highest Income Tax Rates?

A new report breaks down income tax rates by state. Which states are likely to be best for retirees?

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IRS Launches New Withholding Calculator

By on March 5, 2018 in Pay & Benefits with 0 Comments
IRS Launches New Withholding Calculator

The IRS recently updated its Withholding Calculator to help taxpayers determine their proper amount of withholdings under the new tax law.

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Which States Rely the Most on Federal Aid?

By on February 25, 2018 in Current Events with 0 Comments
Which States Rely the Most on Federal Aid?

A recent report from the Tax Foundation breaks down which states’ budgets benefit the most (and least) from federal aid.

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IRS Still Giving Bonuses to Employees with Tax Compliance and Conduct Problems

By on February 16, 2018 in Agency News with 0 Comments
IRS Still Giving Bonuses to Employees with Tax Compliance and Conduct Problems

A new IG report finds that despite some improvements, the IRS is still paying bonuses to employees with tax compliance and workplace conduct issues.

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A Chained CPI and Federal Employee Retirement COLAs

By on January 14, 2018 in Pay & Benefits, Retirement with 0 Comments
A Chained CPI and Federal Employee Retirement COLAs

The chained CPI has been incorporated into the federal tax system. What does this mean, and will it have an impact on the COLA calculations for federal retirees?

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Mnuchin: 90% of Wage Earners Will See Higher Paychecks Under New Withholding Tables

By on January 12, 2018 in Agency News, Pay & Benefits with 0 Comments
Mnuchin: 90% of Wage Earners Will See Higher Paychecks Under New Withholding Tables

The IRS has released new tax withholding tables, and many employees should start seeing higher paychecks by February according to the Treasury Department.

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

By on January 9, 2018 in Agency News with 0 Comments
Lawmakers Worried Treasury Department Will Use New Tax Tables for Political Gain

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

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