Susan Turcotte
- Entity taxation
- Corporate tax strategies
- Deduction optimization
- Bachelors in Accounting, Bryant College in Smithfield RI
- Masters in taxation, Bryant College in Smithfield RI
Articles
Non-FATCA and non-CRS countries: complete list and what it means for US expats in 2026
FATCA is a US law that requires foreign financial institutions to report US account holders to the IRS. CRS is a separate, OECD-led multilateral standard for automatic exchange of financial account information between participating governments. A handful of jurisdictions have not adopted one or both frameworks. As of 2026, well over 100...
FinCEN ID: what it is, who needs one, and how to get it in 2026
If you are a foreign national who owns or represents a foreign-formed company registered to do business in a US state, the FinCEN ID may be relevant to your beneficial ownership information reporting obligations. The regulatory picture shifted in 2025 and 2026. FinCEN permanently ended BOI reporting for US companies and US persons on Au...
FinCEN Form 114a: complete guide to the FBAR authorization form (2026)
FBAR Form 114a is the Record of Authorization to Electronically File FBARs – a companion document that authorizes a third party, such as a CPA, enrolled agent, or spouse, to submit FinCEN Form 114 on your behalf through the BSA E-Filing System. F...
Form 5471 Schedule R: distributions from foreign corporations explained
Form 5471 Schedule R reports distributions made by a foreign corporation and is required under the current IRS filing table for Category 4 and Category 5a filers. Its 4 columns identify what was distributed, when it was distributed, and the relevant functional-currency amounts, including E&P. Schedule R of Form 5471 is the I...