Ed Zurndorfer discusses these changes, as well as presenting automatic inflation adjustments to individual income tax brackets and other employee benefits thresholds and limits taking effect in 2021.

While Gathering Documents to Prepare 2020 Income Tax Returns, Employees Are Reminded to Check Their Social Security Statements

Employees Who May Owe Significantly on Their 2020 Taxes Should Make An Estimated Tax Payment by January 15, 2021

Now is the Time for Employees to Choose 2021 TSP Contribution Amounts So As to Not Lose Agency TSP Matching

December May Be a Good Time to Perform a Roth IRA Conversion Under Certain Conditions

Edward Zurndorfer explains the how “wash sale” rule works

with a little less than a month to go, individuals still have time to make some tax moves in order to save on their 2020 federal taxes. In this column…

FSA funds for adult and child daycare- Ed explains the rules

Health Care Flexible Spending Accounts Help Pay Out-of-Pocket Medical, Dental and Vision Expenses in a Tax-Preferential Way

Health Savings Accounts and Health Reimbursement Accounts Are a Tax-Efficient Way for Paying Medical Expenses