Ines Zemelman
- Corporate taxation
- International taxation
- Nonresident taxation
- Bachelor of Science, Baruch College
- MBA in Taxation, Baruch College
Articles
PFIC explained: What it is and how it affects US taxpayers
Today, there are thousands of registered PFICs worldwide, covering many investment options, including foreign mutual funds, index funds, ETFs, and foreign pension plans. Passive foreign investment companies (PFICs) are foreign investment vehicles subject to complex US tax rules that often lead to high tax rates and strict reportin...
What does the "FATCA Filing Requirement" box on Form 1099 mean?
If you received a 1099 Form at the beginning of the year, you might have noticed a FATCA filing requirement box. It may be checked or left blank, which can raise questions. What does this box mean? Should you check it yourself? Do you need to file any additional forms because of it? Below, we explain what the FATCA filing requirem...
How to file a tax extension in 2025: What to know if you need more time
Filing taxes is stressful enough when you’re home in the US – but when you’re living abroad, managing businesses, or just facing life’s curveballs, meeting the April 15 deadline can feel impossible. That’s where a tax extension comes in. But like most things...
Foreign inheritance tax: Is your inheritance taxable in the US?
If you’ve received an inheritance from abroad, you may be asking: Do I need to report this to the US? The short answer: It depends. Even if no foreign inheritance tax is due, the Internal Revenue Service (IRS) has reporting rules you need to follow – or you...
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. ...