Taxpayers age 65 or older now have the option to file the new Form 1040-SR whether they are working, not working or retired… more…
IRS Launches Improved Tax Withholding Estimator to Help Workers Target the Tax Refund They Want
Starting in 2020, federal income tax withholding is no longer based on an employee’s marital status and withholding allowances, tied to the value of the personal exemption. more…
Federal Employees Could Get Largest Pay Raise in 10 Years
Congressional appropriators reached an agreement Monday for a 2020 spending package giving federal employees the largest pay raise since 2009 more…
House, Senate Bills Would Correct Locality Pay Disparity for Federal Employees
If passed, the Locality Pay Equity Act would close this gap by applying the pay boundaries for salaried employees to hourly workers more…
Senators Want to Replace Thrift Savings Board Over Change in TSP’s I Fund
The senators say FRTIB’s decision to steer federal retirement savings to opaque Chinese firms engaged in human rights abuses and military-related activities is “short-sighted” and “foolish”
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IRS Warns Taxpayers of Gift Card Scam
The Intern Revenue Service says there are many reports of taxpayers being asked to pay a fake tax bill through the purchase of gift cards more…
Two-Step Login Authentication Becomes Mandatory in December for TSP Participants
The added security helps protect a participant’s account against fraud. An instruction sheet is provided more…
Social Security Launches New Online Form to Report Scam Calls
The form is expected to disrupt the scam telephone calls, help reduce this type of fraud and the number of victims. A link to the form is provided more…
New Long-Term Care Insurance Plan Option Announced by OPM
The new plan includes a premium stabilization fund designed to reduce future spikes in premium increases. A guide booklet is available. more…
IRS Issues Warning of Social Security Number Scam
The latest variation: Scammers claim to be able to suspend or cancel the victim’s SSN more…