Lawmakers reintroduced the Federal Adjustment of Income Rates Act last week, which — if passed — would provide federal employees a 3.5 percent pay increase in 2021 more…
Tax Issues Facing Federal Employees Who Divorce — Part I: Dividing Income and Deductions
Federal benefits and tax expert, Ed Zurndorfer, discusses dividing up income and deductions between spouses who divorced more…
New Federal Filing Option for Taxpayers Over Age 65 (Working or Retired)
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…
Significant Changes Coming to TSP and IRAs from SECURE Act
The new rules for IRAs and the TSP mean a new landscape for retirement and estate planning for federal employees and retirees. Federal benefits expert, Ed Zurndorfer, explains why 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…