Editorial team of TFX
Articles
Webinar: Ask a CPA anything about US expat taxes
We recently hosted a live webinar to help US taxpayers – both expats and US-based – navigate new tax savings, credits, and compliance updates for the 2024 tax season. This session was designed to address the latest IRS updates, common tax pitfalls, and smart strategies to help attendees save money and stay compliant. If...
IRS releases 2025 'Dirty Dozen' tax scams: A comprehensive guide for taxpayers
The Internal Revenue Service (IRS) has issued its annual "Dirty Dozen" list for 2025, highlighting the most prevalent tax scams that pose significant threats to taxpayers, businesses, and tax...
Treasury Department halts enforcement of Corporate Transparency Act for US businesses
The US Treasury Department has announced a significant shift in its enforcement of the Corporate Transparency Act (CTA). The agency will no longer require US citizens and domestic businesses to c...
Trump administration’s impact on retirement policies
The Trump administration has introduced several proposed changes that could reshape retirement for millions of Americans. From potential Social Security reforms to tax policy shifts, these updates could have lasting effects on both current retirees and those planning for their future. ...
Webinar: Ask a CPA anything about expat taxes – recording, highlights, and Q&A
On January 29, Taxes for Expats (TFX) hosted a webinar, "Ask a CPA anything about expat taxes," featuring a live Q&A session with Wendy Christiansen, a CPA with over 15 years of experience and a Tax Supervisor at TFX. Topics covered in the webinar: US tax filing requirements for ex...
How AI is helping the IRS close the tax gap: Challenges & opportunities
The US tax gap – an enormous $688 billion in 2021 –represents taxes owed but not paid. This persistent issue has far-reaching consequences, including underfunded programs, increased national debt, and added pressure on compliant taxpayers. To address this challenge, the IRS is increasingly turning to artificial int...