Ines Zemelman

The IRS has released updated retirement contribution limits for 2025, covering 401(k)s, IRAs, SIMPLE accounts, and other retirement plans. These adjustments, aimed at reflecting cost-of-living changes, include increased contribution limits and updated income thresholds for various retirement accounts, making it easier for Americans to s...

Donald Trump’s re-election to the White House marks a pivotal moment in US policy, with plans for significant economic, tax, and foreign policy changes. After securing 295 electoral votes and a strong popular mandate, Trump is set to implement a bold “America First” agenda with sweeping implications for American househ...

The IRS has recently implemented significant changes in response to taxpayer and practitioner concerns about the automatic assessment of penalties for late-filed foreign gift and inheritance filings. Announced by IRS Commissioner Danny Werfel at the ...

The IRS has released its annual inflation adjustments for the 2025 tax year, which will affect a variety of tax provisions, including income tax brackets, standard deductions, credits, and deductions. These changes, outlined in Revenue Procedure 2024-...

The IRS has announced extended tax relief for individuals and businesses affected by Hurricanes Milton, Helene, and other disasters in the Southeastern United States, including the entire state of Florida. ...

The Social Security Administration (SSA) has announced significant updates for Social Security beneficiaries and workers in 2025, including a cost-of-living adjustment (COLA) and an increase in the taxable wage base. These changes will impact millions of retirees and work...