Ines Zemelman
Articles
Social Security taxable wage base increases to $176,100 in 2025
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...
IRS provides tax relief to victims of wildfires and severe storms in Washington, Arizona, and Illinois
The IRS has announced tax relief for individuals and businesses affected by various natural disasters in Washington, Arizona, and Illinois. This relief extends the filing and payment deadlines for those impacted by wildfires and severe storms, providing critical support during challenging times. Wildfire and storm-affected ar...
IRS provides tax relief for victims of Hurricane Helene and Tropical Storm Debby
Extended tax deadlines for disaster-affected taxpayers The IRS has announced comprehensive tax relief for individuals and businesses affected by Hurricane Helene and Tropical Storm Debby. These taxpayers, located across multiple states, will benefit from postp...
IRS announces tax relief for taxpayers affected by terrorist attacks in Israel
The Internal Revenue Service (IRS) announced additional tax relief for individuals and businesses affected by recent terrorist attacks in Israel. Under this relief, the IRS has extended the deadline for filing federal tax returns, making payments, and performing other tax-related actions until September 30, 2025. ...
IRS announces tax relief for Illinois storm victims with extended deadlines
Disaster tax relief for Illinois storm victims The IRS has announced a new tax relief initiative for individuals and businesses impacted by the severe storms, tornadoes, straight-line winds, and flooding that struck parts of Illinois beginning on July 13, 2024. Under this relief program, affected taxpayers will now have unti...
How to file taxes as an independent contractor
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. As...