Editorial team of TFX
Articles
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. ...
Case study: Unseen double tax relief
By getting help from our CPAs, the client effectively "saved = earned" over $56,000 in net savings while avoiding complex double taxation issues. Disclaimer Names and certain nume...
Webinar: Ask a CPA anything about expat taxes – recording, highlights, and Q&A
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. On...
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...