The IRS is encouraging Postal Service and other employees to review their 2019 federal income tax withholding. According to the IRS, withholding changes made in 2018 as a result of the new tax law may have a different effect if left in place for all of 2019. The IRS offers an online withholding calculator that…
The Internal Revenue Service (IRS) wants USPS and other employees to review their federal income tax withholding. Several tax law changes took effect last year. By checking your withholding now, you can avoid an unexpected bill or penalty at tax time. The IRS offers an online withholding calculator that can help you determine if you…
Press Release – December 20, 2018 Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced that IBRAHIM ISSA, a/k/a “Tony Issa,” was found guilty yesterday of bribery of public officials and tax fraud. A unanimous jury convicted ISSA after a two-week trial before Chief United States District Judge Colleen…
The Internal Revenue Service (IRS) wants USPS and other employees to review their federal income tax withholding. Several tax law changes took effect this year. By checking your withholding now, you can avoid an unexpected bill or penalty at tax time. The IRS offers an online withholding calculator that can help you determine if you…
The Postal Service is offering a free benefit that makes it easier for employees who use TurboTax to file their taxes. These employees can now automatically upload information from their W-2 and 1095-C forms into TurboTax software. The data will remain safeguarded within USPS information systems and will only be uploaded into TurboTax if the…
When a Postal Service employee is overpaid, the Postal Service establishes an account receivable for the overpayment and initiates the collection of the debt from the employee through the process described in Article 28 and the Employee and Labor Relations Manual, Chapter 460 Collection of Postal Debts from Bargaining Unit Employees. If the person is…
By KMOV.com Staff – May 6, 2015 Florissant accountant Terry Rasch is shaking his head and asking Really!?! All because of these simple unassuming tax forms shipped to his office courtesy of the IRS. He thought it was odd that the IRS would be shipping packages via UPS instead of using the United States Postal…
(September 11, 2014) The Internal Revenue Service can now officially dip into federal employees’ retirement savings to recoup delinquent tax debts. The Federal Retirement Thrift Investment Board on Wednesday issued a final rule to implement a bill President Obama signed into law in early 2013 making TSP accounts subject to federal tax levies. Lawmakers who…
