Entries by Karen Dzierzynski

IRS Increasing Estimated Tax Penalties: What Federal Employees and Retirees Need to Know

IRS Increasing Estimated Tax Penalties: What Federal Employees and Retirees Need to Know Over the past year, the IRS has significantly increased penalties on underpayment of both estimated tax payments and federal income withholding from salary and retirement income. Individuals who are required to make quarterly estimated payments (due dates each year are April 15, […]

PEER Sues to Force OPM To Implement Administrative Leave Reforms

PEER Sues to Force OPM To Implement Administrative Leave Reforms Though Congress enacted a law aimed at ending agencies’ abuse of involuntary administrative leave, the federal government’s dedicated HR agency has yet to implement its key provisions. An environmental advocacy group is following through on the ultimatum it set last fall, suing the Office of […]

Your 2025 COLA: Early Projection of 1.75%

Your 2025 COLA: Early Projection of 1.75%  The 2025 COLA payment will be effective in January 2025. Here is an early projection and how it compares to recent years. Comparing Recent COLAs and Projecting 2025 COLA. Click HERE to find out more.