USPS: Tax withholding update

USPS wants you to know about recent updates to Form W-4 and the Internal Revenue Service’s online withholding calculator. Last week, the IRS released a new version of Form W-4, Employee’s Withholding Allowance Certificate, which is used to determine an employee’s federal income tax withholding. The IRS didn’t make significant changes to the form itself….

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Massive new USPS mail processing plant set to open soon in Portland, Oregon

By Bill McAllister – March 7, 2018 Sometime later this year, Postmaster General Megan J. Brennan is likely to head to Oregon for an unusual dedication. What she will be formally opening will be one of the largest mail-processing plants the United States Postal Service has created in an era of declining letter volume. The…

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OIG: Internal Controls Over Permit Postage and Fee Refunds – Palm Coast, FL Branch

BACKGROUND: The objective of this audit is to determine whether internal controls for issuing permit postage and fee refunds were in place and effective at the Palm Coast, FL, Branch. The U.S. Postal Service Office of Inspector General (OIG) Field Financial Risk Model identified that the Palm Coast Branch refund and void amounts for fiscal…

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A New Reality: Correspondence Mail in the Digital Age

RARC-WP-18-004 – March 5, 2018 First-Class Mail is the Postal Service’s biggest provider of revenue and contribution. However, its portion of overall postal revenues has fallen from over 60 percent in the late 1970s to just 40 percent in 2016. Depending on whether key historical trends continue, intensify, or weaken, the future of correspondence mail…

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OIG: Postal Service’s Limited Duty and Rehabilitation Programs Return to Work Processes in the Southern and Pacific Areas

Objective Our objective was to assess whether the U.S. Postal Service effectively managed its Limited Duty and Rehabilitation programs to ensure that injured employees in the Southern and Pacific areas who were deemed fit returned to work timely. The Postal Service’s Limited Duty and Rehabilitation programs help the agency meet its legal obligation to injured-on-duty…

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OIG: Voyager Fleet Card Management – Great Lakes Area

Objective Our objective was to assess the effectiveness of internal controls over Voyager fleet cards used in delivery operations in the Great Lakes Area. U.S. Bank manages the Voyager Fleet Systems credit card program for the U.S. Postal Service, and actively monitors transactions to identify potentially fraudulent use of credit cards. Every Postal Service-owned vehicle…

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Oshkosh Teams With Ford On $6-Billion USPS Mail Truck Bid

By Jerry Hirsch – March 06, 2018 Ford Motor Co. is working with Oshkosh Corp. on a bid that could be worth more than $6 billion to develop the next mail truck for the U.S. Postal Service. At least one prototype of the truck, which is based on Ford’s Transit cargo van, was seen undergoing…

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