Ines Zemelman

If you have a child – or one on the way – a new federal savings program launching July 5, 2026, deserves your attention. The government deposits $1,000 into a dedicated savings account opened in your child's name, and families build on that over 18 years of tax-deferred growth. It's a straightforward concept – but there&...

Trump Accounts are a brand-new type of tax-advantaged savings account for children under age 18, created under the One Big Beautiful Bill Act signed into law on July 4, 2025. Think of them as "starter IRAs" designed to give American children a head s...

Trump Accounts represent one of the most significant changes to family tax planning in decades. These government-backed savings accounts combine elements of traditional retirement accounts with unique rules designed to build long-term wealth for the next generation. If you're wondering how to open a Trump account for your newborn or how...

IRS Form 1099-A is a notice from your lender that they took back your property (like a home or car) through foreclosure or repossession, or that they believe you abandoned it. It shows the date this happened, how much you still owed, and the property’s estimated value - information you may need to figure out any tax gain or loss. ...

Multiple tax-saving provisions included in One Big, Beautiful Bill are expected to save taxpayers thousands of dollars each filing season. Almost all of those provisions are limited by the taxpayers’ ...

Based on the One Big Beautiful Bill Act (OBBBA) signed into law on July 4, 2025, here are the key issues that the legislation does NOT address: Fundamental expat tax system issues ...