If passed, the proposed Federal Adjustment of Income Rates (FAIR) Act in the House and Senate would provide a base pay raise of 4.7% plus a 4% average locality pay increase. Several employee groups have endorsed the legislation
more…
2024 Federal Pay Raise of 5.2% Proposed in White House Budget
If implemented, this would be the largest pay increase for federal workers in 40 years more…
The Importance of Keeping Your Personnel File Up-to-Date
Learn why an employee’s OPF is vitally important — including for retirement purposes — and how federal employees can get a copy of their OPF and make changes in case of errors or omissions more…
Choosing Between Standard Deduction and Itemizing Deductions
Ed Zurndorfer discusses some important considerations for using the standard deduction — or itemizing deductions — when filing federal income taxes more…
Understanding the Capital Gain Tax Rules When Selling a Primary Personal Residence
Real estate sales during 2022 decreased compared to sales in previous years. Ed Zurndorfer explains why it is important for federal employees and retirees — who may have sold their principal residence during 2022 — to review the IRS rules regarding the sale of a principal residence more…