Due to increased federal withholding, federal workers will see a lower number on their annuity checks. Higher health insurance premiums and no cost-of-living adjustments for two years make this change even more noticable.
Retirees can affect the amount of their checks bu adjusting their federal tax withholding deductions at www.opm.gov/retire or by calling 1-888-767-6738. Be aware that changing the amount of withholdings will not change your tax liability.
Aside from the federal taxes, residents also have to pay state taxes. Below are a few useful links that will help you prepare your Virginia state tax return.
Virginia Department of Taxation : Find forms and instructions for individuals and businesses.
Virginia Tax Rate Schedule and Tax Table : Taxes at a glance
Tax Table Calculator : Use this calculator to compute your Virginia tax amount based on your taxable income.
2010 Resident 760 : Resident Individual Income Tax Booklet
It's that time of the year again: The IRS wants our money, or, if we are lucky, will send us a check to give back some of those hard-earned dollars. But let's be honest: Tax time can be stressful, and tax forms can be quite confusing.
That's why the library offers free instruction booklets for your 2010 Federal Income Taxes as well as the Form 1040EZ.
Sometimes you find yourself in a situation where you would like to know what the law says about a certain topic. But where to start? And how? Law and everything related can be so intimidating: it seems complicated, overwhelming, unorganized, contradicting …
But fear not! Your law library is here to help.
In addition to important and up-to-date print resources, the CRRL offers its patrons access to Westlaw, one of the leading legal research databases.