New laws (the SECURE and CARES Acts) have provided confusion and challenges for many in regard to charitable giving. Federal benefits and tax expert, Ed Zurndorfer, outlines what federal employees and annuitants should do to save on federal and state taxes more…
Blog Page
Some Taxpayers Receiving ‘Status Not Available’ When Using IRS Tracking Tool for Economic Relief Payments
The IRS said users may receive this message for one of the following reasons… more…
IRS ‘Get My Payment’ Tool Now Available to Track Status of Economic Relief Payments
The web-based app also allows taxpayers (who filed in 2018 or 2019 but did not provide banking information on their return) to submit direct deposit information more…
FAQs: Suspension of Required Minimum Distributions for 2020
Federal benefits expert, Ed Zurndorfer, provides timely answers to the recent suspension of RMDs for defined contribution plans (including the Thrift Savings Plan) and traditional IRAs more…
TSP Issues Details on Temporary Changes to Required Minimum Distributions
The Thrift Savings Plan announced this morning the actions that affect participant’s RMDs as authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act more…