Tuesday, January 31, 2017

White House Throws Weight Behind Cutting Feds’ Retirement, Health Benefits

Title: White House Throws Weight Behind Cutting Feds’ Retirement, Health Benefits

Article Snip: "...Chaffetz said he would protect employees already vested in their pensions, saying he did not want to “unduly scare” an employee already on the job for seven years and it would be “difficult” to go after existing workers’ retirements. Chaffetz also said his committee is considering ways to shrink the size of the federal workforce..."

Reference: www.govexec.com

Thursday, January 19, 2017

When can I expect my 1099-R?

Title: Know when to expect your 1099R

Article Snip: "...You need a Form W-2 to file with your return. Not so with Forms 1099. In contrast to Forms W-2, you don’t file Forms 1099 with your return. Forms 1099 remind you that you earned interest, received a consulting fee, or were paid some other kind of income. There are many varieties, including 1099-INT for interest, 1099-DIV for dividends, 1099-G for tax refunds, 1099-R for pensions and 1099-MISC for miscellaneous income. These forms are sent by payors to you and the IRS..."

Reference: www.forbes.com
1099-R, 1099, 1099-MISC,