If You Made Money on Cash App or Zelle, Read This Now!

P2P Payments & Taxes

Think money sent through Cash App, Zelle, or Venmo isn’t taxable? Think again. When it comes to cash app taxes, the IRS is paying closer attention than ever to digital payments, and many people are getting caught off guard. If you received money through these apps, here’s what you should know. Not All Payments Are […]

Puede recibir dinero que le corresponde

Not Sure If You Should File Taxes?

Beneficios de declarar impuestos: puede recibir dinero que le corresponde Uno de los principales beneficios de declarar impuestos es que muchas personas reciben reembolsos del IRS, incluso si ganaron poco dinero. Esto sucede porque existen créditos y beneficios como: Según el IRS, millones de personas reciben miles de dólares cada año. Puede consultar más información […]

Nuevo Schedule 1-A del IRS bajo la ley B.B.B. : deducciones por propinas, overtime y más

Schedule 1-A

El IRS anunció oficialmente el nuevo Schedule 1-A, un formulario que los contribuyentes utilizarán para reclamar varias deducciones nuevas a partir del año fiscal 2025. Estas deducciones provienen de una nueva legislación federal conocida como One Big Beautiful Bill Act, que introduce varios beneficios tributarios diseñados para reducir los impuestos de trabajadores y personas mayores. […]

Head of Household: Who Really Qualifies in 2026 and Why It Matters

Head of Household is one of the most helpful filing statuses the IRS offers. It can lower taxes and often increase refunds. At the same time, it is one of the most misunderstood filing statuses, especially in immigrant and mixed-status families. Many people believe they qualify when they do not. Others qualify and never claim […]

Can You Still Claim Your Adult Child in 2026? Tips Many Parents Don’t Know

Every tax season, we hear this question at Molimar Tax Consulting Service: “My child is grown now… can I still claim them?” The answer surprises many parents:Yes, in some cases, you still can.But the rules are strict — and this is where many people lose the credit without knowing why. Let’s walk through this clearly […]

Why Taxes Work Differently: 1099 vs W-2

One of the biggest reasons people are surprised at tax time when they come into Molimar is not because of their ITIN, their kids, or their tax preparer.It is because 1099 and W-2 jobs work very differently, even when the pay looks the same. Let’s explain this in a simple way. What Is a W-2 […]

Why do I Owe Taxes While Someone Else Gets a Refund?

Tax Season 2026 Is Coming is here! With Tax Season 2026 around the corner, Molimar Tax Consulting Service wants to help answer the most common tax questions we hear from our community. Every year, many clients tell us things like: If this sounds like you, you are not alone. This is one of the most […]

Finding Resilience in Changing Times: Ending 2025 With Strength and Clarity

As 2025 comes to a close, many of us are feeling the weight of an unpredictable year. Prices fluctuated, unexpected expenses appeared, jobs changed, income shifted, and for many families, the financial pressure was real.It’s easy to feel overwhelmed when uncertainty becomes the norm , but it’s also in these moments that resilience grows the […]