Tag: 2012

2017 COLA Increase Will Result in a Tax Hike For Over 12 Million American Workers

[2017 COLA update] Its been a few years with relatively minor COLA (cost-of-living-adjustment) increases but even with the marginal 2017 COLA increase of 0.3%, over 12 million Americans will pay higher taxes in 2017… Read more »

2018 Pay Raise Approved for Federal Employees on GS Pay Scale

[Updated 2018 GS pay chart] In his first year of office President Trump has approved an across the board 1.4% 2018 pay rise for the over 1.5 million government employees on… Read more »

2017 vs. 2018 Savers Tax Credit and Income Limits to Help Workers Save for Retirement

[Updated with 2018 details per the IRS] The savers credit helps middle to lower income earners save for retirement by providing an offset to retirement plan (401k and IRA) contributions…. Read more »

When Can I File My 2019 Taxes in 2020 and Other Key IRS Tax Return Filing, Deadline, Extension and Refund Dates

[Updated Tax Season Filing Dates] The table below shows the 2020 deadlines for filing 2019 tax returns and requesting extensions. Final tax returns are due by Wednesday, April 15th 2020; unless a 6-month… Read more »

2012-2013 Winter Snowfall Forecasts Calling For Snow Blowers Rather Than Snow Shovels

I live in the Washington D.C metro area and given the wild weather we had this summer, culminating with Hurricane Sandy, I fully expect a cold and snowy winter. In fact, major… Read more »

Can I Make 401K or IRA to Roth IRA Conversions in 2012 and 2013? What Are The New Rules and Income Limits

[2013 Update] With a deal to avert the fiscal cliff reached and legislated under the American Taxpayer Relief Act (ATRA) of 2012, a couple of significant employer sponsored retirement plan… Read more »