Tag: 2017

2018 Military Pay Charts Reflecting Latest Raise – Updated Monthly Basic Pay Tables

[2018 update] In his first year of office President Trump approved a 2.4% pay raise for Military staff and troops under the Fiscal 2018 National Defense Authorization Act (NDAA). This is the largest… 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, 2016 and 2015 Earned Income Tax Credit (EIC) Qualification Income Limits

[Updated] Below are the final IRS published 2016 and 2017 Earned Income Tax credit (EITC) figures. You can reference IRS publication 596 or use online tax providers like TurboTax or H&R Block to get a free… Read more »

2017 vs 2018 401k, 403b, 457 and TSP Contribution Limits and Catch-up Amounts

[Updated with the latest 2018 contribution limits] The IRS has released updated employer sponsored retirement plan limits, which covers 401(k), 403(b), 457 and Government Thrift Savings (TSP) plans. The annual contribution limit, which… Read more »

2018 vs. 2019 Federal IRS Tax Brackets, Tax Rates, Standard Deduction and Personal Exemption Updates

[Updated with 2019 Tax Brackets] Below are the 2019 IRS tax brackets. Note that the updated tax rates and brackets would only apply for the 2019 tax year (filed in 2020)…. Read more »

2019 IRS Tax Refund Processing Schedule and Direct Deposit Cycle Chart for 2018 Return Filings

Below is the latest table showing estimated 2018–2019 tax season refund payment dates based on past refund cycles and IRS guidelines. It shows the date your refund will be processed… Read more »

2016 vs. 2017 Obamacare Health Insurance Subsidies and Tax Credits

Despite ObamaCare, formally known as the Affordable Care Act, having been around for several years now there is still considerable uncertainty around the various tax credits and subsidies on premiums, deductibles, co-payments, and… Read more »

2017 and 2018 vs. 2019 Tax Penalty Amounts and Exemptions For Not Having Health Insurance Under ObamaCare – GOP/Trump Updates

[Updated] Will i still have to pay health insurance penalties (under the Obamacare individual mandate) in 2017 or 2018? This is the question a lot of Americans are asking. The… Read more »