The cost-of-living adjustment (COLA) history for CSRS and FERS from 1999 to 2026 more…
Foreign Tax Credit: How it Works and Who Can Claim It
The foreign tax credit is an IRS tax break that offsets tax paid to other countries. Ed Zurndorfer explains how some federal employees may qualify for it, and the IRS reporting requirements more…
Changes to the Child Tax Credit Resulting from OBBBA
The one Big Beautiful Bill Act (OBBBA), which President Trump signed into law in July 2025, permanently extended the enhanced Child Tax Credit beyond 2025. Ed Zurndorfer explains who is a qualifying child for the CTC, and how it’s calculated. A practical example is included. more…
Important Tax-Savings Affecting 2025 Tax Filings from OBBBA
Ed Zurndorfer gives an outline of the changes in the new tax line that affect 2025 federal income taxes, including new permanently increased standard deductions, increased deduction for seniors. the increase in State and Local Tax (SALT) deduction, and auto loan interest deduction more…
Federal Retirees Encounter Weeks of Delay Receiving Tax Documents from OPM
Numerous federal retirees have been waiting for several weeks to receive important tax documents and are unable to reach OPM for assistance. A group of House members has urged OPM to address the issue more…