Ines Zemelman

For the 2025 tax year filed in 2026, federal treatment turns on the date of the divorce or separation instrument. Agreements executed after December 31, 2018 use the newer rule, while qualifying older agreements can still follow the pre-2019 rule. For US citizens and resident aliens abroad, living overseas does not replace this federal ...

Under IRC Section 1446, a US partnership that has foreign partners must withhold and pay tax on each foreign partner’s allocable share of effectively connected taxable income each year. IRC 1446 has two main pillars. Section 1446(a) requires a US partnership to withhold tax on income it earns that is effectively c...

Viele Amerikaner, die in Deutschland leben, stellen Jahre später fest, dass von ihnen immer noch erwartet wird, US-Steuererklärungen abzugeben, ausländische Bankkonten zu melden und die internationalen Meld...

An IRS streamlined installment agreement lets eligible taxpayers pay a 2025 tax-year balance over time instead of paying the full amount in 2026. For individuals, the key current Simple Payment Plan threshold is $50,000 ...

A country of domicile is the country a person treats as their permanent legal home and intends to return to, even after living elsewhere for years. Your country of domicile is about permanence and intent – not where you happen to be right now. A country of residence is simply where a person currently lives, works, or holds a visa....

Canceled debt is generally taxable income for the year the debt was forgiven, unless a specific IRS exclusion applies. If a lender discharged $600 or more of your debt in 2025 after a reportable identifiable event, it generally must file Form 1099-C and send you a copy. The IRS received a copy too, so the amount in Box 2 has to be accou...