Tax Tips for Federal Employees


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Home | Tax Tips

Tax Tips for Federal Employees

Last Year for Additional Standard Deduction for Real Estate Taxes
March 9, 2010
Taxpayers who pay state or local real estate taxes but don't qualify to itemize their tax deductions may qualify for an increased standard deduction. This is the last year that the higher standard deduction for real estate taxes is available . . . more

10 Facts About Capital Gains and Losses Affecting Your Federal Income Tax
Capital gains and losses might have an impact on your federal income tax return. Here are 10 facts from the IRS about gains and losses and how they could affect your tax situation . . . more

7 Things You Should Know About Checking the Status of Your Federal Income Tax Refund
Are you expecting a tax refund from the IRS this year? If so, here are seven things you should know about checking the status of your refund once you have filed your federal tax return . . . more

Free Federal Income Tax Assistance for Members of the Military Available
Military members and their spouses may be eligible to receive free tax return preparation assistance through the U.S. Armed Forces' Volunteer Income Tax Assistance (VITA) program . . . more

How to Get Tax Credit for Retirement Savings Contributions
If you make eligible contributions to an employer-sponsored retirement plan or to an individual retirement arrangement (IRA), you may be eligible for a tax credit. Here are six things you need to know about the Retirement Savings Contributions Credit . . . more

7 Important Facts about Claiming the First-Time Homebuyer Credit
If you purchased a home in 2009 or early 2010, you may be eligible to claim the First-Time Homebuyer Credit, whether you are a first-time homebuyer or a long-time resident purchasing a new home . . . more

7 Things You Need to Know About the Government Retiree Credit
February 4, 2010
Certain government retirees who receive a government pension or annuity payment in 2009 may be eligible for the Government Retiree Credit . . . more

Haiti Relief Donations Qualify For Immediate Tax Relief
January 27, 2010
A new law allows you to claim donations for Haitian relief on your 2009 tax return, which you will be filing this year. Here are 10 important facts from the IRS you should know . . . more

How to Obtain a Transcript of Your Past Tax Information
Taxpayers who need their past tax return information can obtain it from the IRS. Here are nine things to know if you need copies of your federal tax return information . . . more

New Tax Credit Helps Pay for Higher Education Expenses
January 27, 2010
A new law passed in early 2009 created the American Opportunity Credit. This educational tax credit helps parents and students pay for college and college-related expenses. Learn how you can benefit . . . more

10 Things You Should Know About the Making Work Pay Tax Credit
January 24, 2010
Many working taxpayers are eligible for the Making Work Pay Tax Credit, a provision created by the American Recovery and Reinvestment Act in early 2009 . . . more

8 Tips to Help You Choose a Tax Preparer
Most tax return preparers are professional, honest and provide excellent service to their clients. However, unscrupulous tax return preparers do exist and can cause considerable financial and legal problems for their clients. Therefore, it's important to find a qualified tax professional . . . more

Five Important Facts About Dependents and Exemptions
January 7, 2010
Five important facts about dependents and exemptions before you file your 2009 tax return . . . more

Eight Facts About Federal Tax Filing Status
It's important you choose your correct filing status as it determines your standard deduction, the amount of tax you owe and ultimately, any refund owed to you . . . more

Five Tax Filing Facts for Recently Married or Divorced Taxpayers
If you were married or divorced recently, there are a couple of things you'll want to do to ensure the name on your tax return matches the name registered with the Social Security Administration . . . more

Top Ten Tax Time Tips
The IRS's top 10 tips that will help your tax filing process run smoother than ever this year . . . more

Featured Columnist
Read articles written by federal benefits expert and Certified Financial Planner, Edward Zurndorfer

Recent Articles & Resources
Federal Employee Salaries Continue to Be a Hot Topic of Debate
NARFE Disappointed With Senate's Rejection of $250 Payment to Retirees
Federal Employees 50 and Older Are Encouraged to Make TSP "Catch-Up" Contributions

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