Federal Employees and Retirees: Be Careful When Claiming Dependents on Tax Returns As federal employees and retirees prepare to file their 2009 tax returns, they should make sure that they can legitimately claim tax dependents. Federal benefits and tax expert, Ed Zurndorfer, provides a particular caution the IRS is currently focusing on . . . more
Last Year for Additional Standard Deduction for Real Estate Taxes 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
Federal Employee Salaries Continue to Be a Hot Topic of Debate While federal vs. private sector pay comparisons continue to be a focus of heated debate, federal employee groups say those figures do not take into consideration many important factors that determine federal employee pay . . . more
NARFE Disappointed With Senate's Rejection of $250 Payment to Retirees The president of the National Active and Retired Federal Employees Association says she is disappointed that the Senate sidetracked an amendment that would have provided a one-time $250 payment to most older Americans . . . more
Federal Employees 50 and Older Are Encouraged to Make TSP "Catch-Up" Contributions "Catch-up" contributions are supplemental tax deductible contributions that CSRS and FERS employees age 50 and older can make to the Thrift Savings Plan. Federal benefits expert, Ed Zurndorfer, gives insight on how they work and how they can benefit the employee . . . more
2010 CSRS / FERS Benefits Calculator and Retirement Income and Expense Analyzer This highly used software program since 1999 includes more than 80 integrated calculators, a free version for new individual users, and provides a a 50+ page retirement analysis. A professional version of the program is also available to government agencies and financial professionals who want to prepare a comprehensive analysis of federal retirement calculations for their employees or clients . . . more