Taxes and American Citizenship
A famous French actor makes headlines by leaving his home country for a more hospitable economic climate. With a global economy, mobility is always a possibility. Are wealthy…
🇺🇸 In honor of those who gave everything in service to this nation — FedSmith observes Memorial Day with gratitude. 🇺🇸
Stay informed on tax rules and implications affecting federal employees and retirees, including guidance on taxes for FERS and CSRS annuities, Social Security taxation, TSP withdrawals, and retirement income planning. Explore updates on IRS regulations, withholding rules, state tax considerations, and policy changes that influence how federal retirement benefits are taxed. Find clear explanations and practical insights to help federal employees understand how different income sources are treated and how tax changes may impact their financial planning.
A famous French actor makes headlines by leaving his home country for a more hospitable economic climate. With a global economy, mobility is always a possibility. Are wealthy…
Will the Bush era tax cuts be extended by Congress? Nobody knows, but regardless of what Congress does, the authors offer steps one can consider taking before year…
South Carolina is a state that often attracts newcomers, but look closely at the state's income tax structure before relocating.
Sen. Chuck Grassley (R-IA) has filed an amendment designed to prevent fraud and waste within federal grant programs.
Should you do a Roth conversion to take advantage of the current tax rates which may be lower now than they are likely to be in the future?…
Rep. Jason Chaffetz (R-UT) introduced a bill on March 1 that would terminate the employment of federal employees and prohibit the hiring of future federal employees who have…
Where will you live when you retire and can choose anyplace you want to go? One federal employee couple opted for a different lifestyle spending their summers in…
Many people contemplating retirement from the government but still in their fifties plan on working in the private sector. This can result in a substantial income but you…
What is a VAT and how would it impact Americans? A VAT is a common tax in Europe and it would raise the price of just about everything…
Where is the best state for a federal retiree to live? It's a complex question with many considerations (such as family and friends) based solely on personal preferences.…