For many taxpayers, the last chance to obtain a direct deposit of their Economic Impact Payment rather than receive a paper check is Wed., May 13 at noon more…
Senators Ask for 25% Pay Raise for Some Federal Employees
In a letter this week, 20 senators urged OPM to use their existing authority to implement hazard pay for federal employees, which provides for pay increases of up to 25 percent more…
Legislation Would Allow Some Federal Employees to Carry Over Unused Annual Leave
If passed, the Federal Frontline Worker Leave Protection Act would amend the existing law to include work responding to COVID-19 as an instance that would allow workers to roll unused hours over to next year more…
Bill Bans TSP Investments to Some Foreign Index Funds Including China
If passed, the Taxpayers and Savers Protection Act would prevent the Federal Retirement Thrift Investment Board from steering federal employees’ retirement contributions in the Thrift Savings Plan to China more…
TSP Issues Expanded FAQs on Suspension of Required Minimum Distributions (RMDs)
The Thrift Savings Plan has expanded guidance it issued earlier on the 2020 suspension of minimum withdrawal requirements (including an update on April 28th to the 60-day deadline for rollovers)… more…
IRS Enhances ‘Get My Payment’ Tool To Help More Americans Track and Receive Economic Impact Payments
The additional changes announced April 26 will help millions of additional taxpayers with new or expanded information and access to adding direct deposit information more…
FAQs: Getting Your Economic Impact Payment
The IRS has issued updated answers to the most common questions people are having regarding their economic relief payments for the coronavirus situation more…
When Will Federal Agencies Reopen, Employees Be Released from Mandatory Teleworking?
The Office of Management and Budget and Office of Personnel Management issued a plan for how agencies can return gradually to normal operations more…
Some Taxpayers Receiving ‘Status Not Available’ When Using IRS Tracking Tool for Economic Relief Payments
The IRS said users may receive this message for one of the following reasons… more…
IRS ‘Get My Payment’ Tool Now Available to Track Status of Economic Relief Payments
The web-based app also allows taxpayers (who filed in 2018 or 2019 but did not provide banking information on their return) to submit direct deposit information more…