Ed Zurndorfer discusses why some federal employees and retirees need to make quarterly estimated tax payments to the IRS. more…
Tackling the Tax Train with the TSP Roth Conversion Strategy
Chris Kowalik explores the Roth conversion strategy for the Thrift Savings Plan to drastically reduce your tax obligation in retirement more…
Filing Requirements for Individuals Owning Foreign Bank and Financial Accounts
Ed Zurndorfer discusses discusses the Foreign Bank and Financial Account Report, including filing requirements, where on a federal income tax return an individual indicates where he or she may have an FBAR filing requirement, what is considered a foreign financial account, how the FBAR is filed, and penalties for not filing an FBAR more…
Have You Checked Your Tax Withholding This Year?
The IRS’ online tool makes it easy for both employees and retirees to determine if they are having too little or too much federal tax withheld more…
Coordinating TSP Withdrawals and Receipt of Social Security Retirement Benefits
Ed Zurndorfer discusses how to optimize a plan of when to start receiving Social Security retirement benefits and making Thrift Savings Plan withdrawals more…