Ines Zemelman
- Corporate taxation
- International taxation
- Nonresident taxation
- Bachelor of Science, Baruch College
- MBA in Taxation, Baruch College
Articles
Child Tax Credit: What parents need to know about this valuable tax break
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...
ITIN renewal guide: Don't let your ITIN expire
If you have an ITIN, you may be wondering if and when it needs to be renewed. In this article, we will guide you through everything you need to know about ITIN renewal, from who needs to renew their ITIN to how to renew it, and even some benefits you might not know about. ...
Form 720: A Guide to Quarterly Federal Excise Tax Return
Understanding specific tax forms and their purposes is crucial for compliance. One such form that often raises questions is the IRS Form 720. Designed for the reporting and payment of federal excise taxes, this form plays a pivotal role for many businesses. In this article, we'll delve deep into the nuances of Form 720, en...
Chances of being audited by the IRS in 2025: What you need to know
If you're a taxpayer, you may have wondered about your chances of being audited by the Internal Revenue Service (IRS). While the audit rate for individual taxpayers has generally been declining in recent years, it's still important to understand the factors that c...
Form 1099-C: Cancellation of Debt [Do you owe taxes on forgiven debt?]
When a lender cancels or forgives your debt, it might feel like financial relief – until you receive Form 1099-C in the mail. At this point, you may have several questions: Do I have to pay taxes on canceled debt? Where do I report Form 1099-C on my tax return? Are there way...
Qualified education expenses: What you can (and can’t) claim on your taxes
Disclaimer This guide is for info purposes, not legal advice. Always consult a tax pro for your specific case. Higher education is expensive – but the IRS offers tax...