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…
Recent Articles
Pay Freeze and Federal Retirement Benefit Cuts Proposed in 2020 White House Budget
The Trump administration proposed a laundry list of cuts similar to previous years. Any of the proposals would require legislation by Congress to become enacted. more…
Fair COLA for Seniors Act of 2019 Proposed
The Fair COLA for Seniors Act of 2019 aims to increase benefits and ensure that cost of living adjustments in Social Security reflect the real rising costs for seniors more…
House Delegation Demands Answers to Delayed 2019 Pay Raise by March 15
“…any delay in implementing the 1.9 percent pay raise enacted into law is unacceptable,” the House members wrote to OPM and OMB more…
Lawmakers Reintroduce Legislation for Paid Family Leave for Federal Employees
The legislation would provide all federal workers 12 weeks of paid leave for the arrival of a new child or to care for a sick loved one. more…
Senators Press OMB on Implementation of 2019 Pay Raise
A group of DC-area senators have asked the agency for a timeframe on when the 1.9 % pay raise can be expected
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President Chooses New OPM Director
The new director will serve a four-year term filling the vacancy since former director Jeff Pon left the agency in October 2018 more…
What You Should Know About the New IRS Tax Form 1040
The new tax law brings a simplified version of Form 1040, as well as six new schedules taxpayers should be aware of more…
Estimated Time Table for 2019 Pay Raise
The increase could come as soon as the March 22 or April 5 paycheck 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…