Editorial team of TFX
Articles
IRS Form 7203
Are you curious about IRS Form 7203? This form is used by S corporation shareholders to figure out the potential limitations of their share of the S corporation’s deductions, credits, and other items that can be deducted on their returns. In this post, we'll provide an overview of Form 7203 and discuss some important points re...
Webinar: Pensions and Other Retirement Accounts Outside of the U.S. Recording and Q&A Transcript
On July 19, 2022, we hosted a webinar on Pensions and Other Retirement Accounts Outside of the U.S which included live Q&A with our tax experts. You can access the recording and we’ve also transcribed this Q&A transcript. ...
IRS Identity Protection PIN
When people talk about identity theft, they usually mean stolen personal information, credit card numbers, or bank accounts. However, identity theft also results in tax fraud. Cybercriminals may use your Social Security number to apply for jobs o...
CP2100 and 2100A Notices: When Payers Need To Correct Backup Withholding Errors
Banks, credit unions, corporations, and payers who filed returns that did not match IRS data receive CP2100 and CP2100A notices from the IRS. These information returns include: Form 1099-B, Proceeds from Broker and Barter Exchange Transactions<...
Webinar: How to Avoid Being Double Taxed as an Expat. Recording and Q&A Transcript
On June 1, 2022, we hosted a webinar on how to avoid being double taxed as a U. S. expat which included live Q&A with our tax experts. You can access the recording and we’ve also transcribed this Q...
A Tax Guide for Italian Expats in the United States
It is not an understatement to say that American culture and history have been heavily influenced by Italy. Waves of Italian immigration to the U.S. in the late 1800s have resulted in one of the largest Italian expat communities in the world. According to the Census Bureau's ...