Federal benefits expert, Ed Zurndorfer, discusses how the retroactive pay increase affects retirement calculations, the Thrift Savings Plan and other important benefits more…
Options for Individuals Unable to Pay 2018 Federal Income Tax Balance
Insufficient tax withholding or failure to make estimated tax payments could make it hard for individuals to pay a tax balance. Federal benefits and tax expert, Ed Zurndorfer, outlines the options for paying what you owe more…
IRS Underpayment Penalty and Making Estimated Tax Payments in 2019
Many federal employees who have, or in the process of filing their 2018 federal tax returns, are shocked by the amount that they owe to the IRS on their 2018 returns. Federal benefit and tax expert, Ed Zurndorfer, discusses the IRS underwithholding penalty and what can be done to avoid it in 2019 more…
April 1 Deadline for Some to Take First Required Minimum Distribution
Federal benefits expert, Ed Zurndorfer, discusses the rules for the first required minimum distribution (RMD) from traditional IRAs and/or qualified retirement plans such as the Thrift Savings Plan more…
New Tax Law Has Resulted in the Loss of Some Popular Tax Deductions
Federal benefits and tax expert, Ed Zurndorfer, discusses how they may affect federal employees as they prepare their 2018 federal tax returns more…
More Individuals May Be Eligible to Claim Expanded Child Tax Credit for 2018
Federal benefits and tax expert, Ed Zurndorfer, discusses the details of the expanded child tax credit in the new tax law, including who is eligible for it and the amount of the credit more…
Foreign Investments Bring Tax Reporting Challenges
Federal benefits and tax expert, Ed Zurndorfer, explains what investors need to know about foreign tax withholding and reporting foreign investment income on tax returns more…
Under New Tax Law, Taking Standard Deduction Rather Than Itemizing Could Benefit More Individuals
Federal benefits and tax expert, Ed Zurndorder, discusses which deductions have been eliminated and limited and why the standard deduction may benefit more individuals more…
New Tax Law Presents Challenges for Preparing 2018 Income Tax Returns
Federal benefits and tax expert, Ed Zurndorfer, highlights 14 of the major changes tax payers will face when filing for federal income taxes under the new law more…
Top 10 Tax Deductions Eliminated or Limited for 2018
Federal benefits expert, Ed Zurndorfer, discusses the more popular provisions in effect for tax years 2018 through 2025 which became law as a result of the Tax Cuts and Jobs Act more…