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Capitol Recap: Weekly News Update for Federal Employees

02/17/2021
STWS Advisor Jen Meyer provides her recap of the week. This edition includes COVID relief, the second impeachment of Trump, and more. Jennifer Meyer, CFP© News for the week ending February 12th continued to focus on the COVID pandemic and ... Read More

FEDLIFE Podcast 43: Latest Tax Legislation Changes Every Fed Needs to Know

02/12/2021
In this episode, Dan Sipe and Ed Zurndorfer provide valuable insights into how the Consolidated Appropriations Act of 2020 affects your tax situation and Social Security benefits. They also discuss what the Earnings Test is all about, and its implications ... Read More

SpaceX to Launch SPHEREx Mission for NASA

02/11/2021
Elon Musk’s SpaceX company was awarded the contract to launch the SPHEREx mission in June 2024 Thomas Zurbuchen, an associate administrator for NASA said in 2019 that the SPHEREx mission will provide “an unprecedented galactic map of the Universe.” On ... Read More

Capitol Recap: News Update for Federal Employees

02/09/2021
STWS Advisor Jennifer Meyer reviews 2021 so far. For Feds, a 2022 pay raise, equal COLA for FERS, and Comprehensive leave have all been proposed by Congress. Jennifer Meyer, CFP© As we move into the second full week of February ... Read More

Five Tax Filing Statuses Available for Filing 2020 Income Tax Returns

02/03/2021
Determining One’s Filling Status is the First Step in the Preparation of the 2020 Federal Tax Return Edward A. Zurndorfer With the official start of the 2021 tax season about a week away on February 12, 2021, many federal employees ... Read More

Biden Throws Out Executive Orders from Previous Administration

01/27/2021
Applauded by Union leaders, Biden canceled five executive orders from Trump presidency- 1 involving “Schedule F,” 3 regarding collective bargaining rights, and another that halted diversity training in agencies. After his inauguration, some of Biden’s first actions in office involved ... Read More

Recently Passed Legislation Results in Tax Changes for 2020 and 2021

01/19/2021
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. During 2020, Congress passed two important pieces of tax-oriented legislation in response ... Read More

You Should Check Your Social Security Statements When Doing Your Taxes

01/11/2021
While Gathering Documents to Prepare 2020 Income Tax Returns, Employees Are Reminded to Check Their Social Security Statements Edward A. Zurndorfer – Like individuals who work in private industry, nearly all federal employees will receive some form of Social Security ... Read More

GSA: Gas Mileage Reimbursement Rates Decreased for 2021

01/08/2021
For employees who use their privately owned vehicle for Government business, Reimbursement Rates for Gas Mileage Dropped Again in 2021 There are several people employed by the Federal Government who have to use a vehicle to perform their duties. As ... Read More

Why You May Want to Make an Estimated Tax Payment by January 15th

01/07/2021
Employees Who May Owe Significantly on Their 2020 Taxes Should Make An Estimated Tax Payment by January 15, 2021 Edward A. Zurndorfer Federal employees have federal and state income taxes regularly withheld from their paychecks. But many employees receive income ... Read More