Organizations that represent IRS managers and employees say they haven’t been given much detail on the agency resuming more of its operations.
Each year, tax professionals urge people who are due refunds to file early and electronically. Now there’s a new reason to do just that.
In today’s Federal Newscast, federal contractor associations wrote separate letters to the White House and lawmakers asking for more guidance for how industry should expect to work during the effort to contain the spread of COVID-19.
With a month to go before April 15, and the COVID-19 scare stronger than ever, the hackneyed expression about “death and taxes” might be poised to make a comeback.
If you haven’t done your taxes yet, no problem. There’s still plenty of time. If you are planning not to pay your taxes, that is a problem.
The official taxpaying season kicks off today, and major companies in the debt business, either as collectors or consolidators, love it and are in full swing.
While your income will likely go down in retirement, moving to a more tax-friendly state could increase the cash value of your annuity.
Ask yourself if, when you start tapping your TSP you’ll be glad you invested pre-tax, or do you wish you had taken the Roth option?
When it comes time to start withdrawing money from your TSP will you be glad you invested pre-tax, or wish somebody had talked to you about the Roth option?
Because of the 2017 tax law, many were surprised to learn that it no longer paid to itemize deductions that had been important in the past.