Ines Zemelman

Missionaries play a unique role in society, often working tirelessly to support their communities, spread faith, or provide aid in remote regions. But while their mission may be spiritual or philanthropic, their tax obligations remain firmly grounded in US tax law. The question is – do missionaries pay taxes, and if so, ...

Raising children is expensive, and while the IRS won’t cover daycare costs or your teenager’s endless snack cravings, the Child Tax Credit (CTC) is designed to ease the financial burden for families. With tax law changes happening regularly, it’s crucial to understand how the Child Tax Credit 2...

The US tax code is complicated enough without extra forms, but if you’re a high earner or self-employed, you’ve probably encountered Form 8959. This form is essential for reporting the Additional Medicare Tax, a tax that applies once your income crosses certain thresholds. If you&r...

The Internal Revenue Service (IRS) has announced tax relief measures for individuals and businesses affected by the wildfires in California that began on January 7, 2025. Affected taxpayers now have until October 15, 2025, to file various federal tax returns and make payments. Affected areas The ta...

The IRS has announced that the 2025 tax season will begin on Monday, January 27, 2025, offering expanded tools and features for taxpayers as part of the agency’s ongoing modernization efforts. This year's improvements are expected to enhance the tax filing process and make it easier for taxpayers to access ess...

Form 8960 may sound like just another tax form, but for high-income earners, it’s a key document. If you’ve got rental income, dividends, or capital gains and your earnings exceed a certain threshold, this form likely has your name on it. Let’s break it down so you can tackle it with confidence – and ma...