Susan Turcotte

CPA

Expertise:

Entity taxation
Corporate tax strategies
Deduction optimization

Education:

Bachelors in Accounting, Bryant College in Smithfield RI
Masters in taxation, Bryant College in Smithfield RI

Susan Turcotte, a seasoned Certified Public Accountant (CPA), has more than 45 years of extensive accounting experience. Susan has come a long way in the accounting field and brings a combination of dedication, experience, and humor to her long career. Born and raised in Smithfield, Rhode Island, she laid the groundwork for her illustrious career at Bryant College, where she earned a Bachelor's degree in Accounting, followed by a Master's degree in Taxation.

Susan's career path is as diverse as it is impressive. She has navigated various sectors of the accounting world, including public accounting with several firms and private industry, where she excelled as a controller for several companies. Along with her entrepreneurial endeavors, Susan's passion for accounting never waned as she continued to practice tax work on a part-time basis.

In 2014, Susan began her association with TFX, initially on a part-time basis. Her role quickly evolved into a full-time commitment in 2015, a testament to her adaptability and unwavering dedication to her profession.

Susan's career is a testament to her resilience, adaptability and dedication to the field of accounting. Her extensive experience, coupled with her hands-on involvement in both the corporate and entrepreneurial aspects of accounting, positions her as a respected figure in her field. As she continues her work at TFX, Susan's legacy will be not only in the numbers she crunches but also in the countless individuals and companies she has guided through the complex world of finance.

Articles

Form 1040-C: The departing alien income tax return explained (2026)

Form 1040-C is the IRS form that resident and nonresident aliens must file before leaving the United States – it reports income earned during the tax year up to the departure date and is required to obtain a sailing permit, also called a certificate of compliance. Form 1040-C is not a substitute for the an...

Form 1042: The complete guide to IRS withholding tax returns for foreign persons (2026)

Form 1042 is the annual US tax return filed by withholding agents to report tax withheld on US-source income paid to foreign persons, including nonresident aliens, foreign corporations, and foreign partnerships. Withholding agents file Form 1042 with the IRS to reconcile all payments of FDAP income made to foreign persons during the cal...

IRS Form 4563: American Samoa income exclusion guide for 2026

Form 4563, Exclusion of Income for Bona Fide Residents of American Samoa, allows qualifying US citizens and resident aliens to exclude American Samoa-sourced income from their US federal taxable income. IRS Form 4563 i...

Canadian Controlled Private Corporation (CCPC): definition, criteria, and tax advantages in 2026

A Canadian Controlled Private Corporation is a private corporation incorporated in Canada that is not controlled by non-residents, public corporations, or any combination thereof. CCPCs qualify for the Small Business Deduction, which reduces the federal corporate tax rate to approximately 9% on the first CAD 500,000 of ...

Self-invested personal pension (SIPP) UK: Complete guide for expats and US citizens in 2026

A self-invested personal pension, or SIPP, is a UK government-approved pension wrapper that lets you choose and manage your own investments while receiving tax relief on contributions of up to 100% of your annual UK earnings. Unlike a standard workplace pension, where the provider picks the funds, a SIPP puts you in control of asset allocation.</...

QROPS: the complete guide to Qualifying Recognised Overseas Pension Schemes for US expats (2026)

For the 2025 tax year filed in 2026, a QROPS can raise at least 3 separate tax questions: the UK 25% Overseas Transfer Charge, US tax on foreign pensions, and IRS or FinCEN reporting. US citizens and green card holders should treat a QROPS as an international pension transfer, not as a tax-free rollover. A QROPS may help certain non-UK ...