Blog
Questions for Tax Crimes and Tax Procedure Students on Trump’s “Settlement” in Trump v. IRS (8/6/26)
I have posted my Federal Tax Procedure Book to SSRN, see here. Since it is timely, although a moving target that we sure have not heard the last of yet, I thought I would post the concluding paragraphs of my discussion of Trump v. IRS that Trump and his buddies at...
Form 1118 for US Expats: The Corporate Foreign Tax Credit
For US expats, double taxation is a familiar headache on a personal tax return, but it can hit your business just as hard. If you run a US company that earns abroad, both countries can tax the same profits. If you own a foreign company, it pays corporate tax where it...
Tax Relief for Americans Living Abroad: What Congress Kept and What Was Cut
If you file US taxes from abroad, you already know the system wasn't built with you in mind. In a rare move, Congress drafted six changes aimed squarely at that problem and bundled them into a bipartisan IRS reform bill called the Taxpayer Assistance and Service Act....
Why a Legitimate Expat Return Can Trigger a Frivolous Tax Return Penalty
If the IRS has written to say your tax return may be frivolous and mentioned a $5,000 penalty, receiving that letter doesn't mean you did anything wrong. For Americans abroad, it's typically the IRS disputing a refund, and in many cases, it comes down to a...
Why a Legitimate Expat Return Can Trigger a Frivolous Tax Return Penalty
If the IRS has written to say your tax return may be frivolous and mentioned a $5,000 penalty, receiving that letter doesn't mean you did anything wrong. For Americans abroad, it's typically the IRS disputing a refund, and in many cases, it comes down to a...
Estimated Tax Payments for US Expats
All US citizens, including those abroad are subject to US filing rules and might need to file an annual tax return. Some US taxpayers also have to make estimated tax payments during the year in installments, rather than all at once when they file. This applies if you...
Automatic First-Time Penalty Abatement in 2026: What’s New
The IRS has modified the way it handles First-Time Penalty Abatement in 2026, and tax resolution pros need to be ready. For the first time since the FTA was modified in 2001, eligible taxpayers will receive the abatement automatically, without having to call, write,...
First-Time Penalty Abatement: 2026 Tax Professional’s Guide
First-Time Penalty Abatement is one of the most valuable forms of IRS penalty relief available to your clients, and also one of the most overlooked. The way it is granted has changed in 2026. This guide covers how FTA works, who qualifies, how to request it, how to...
Overview of the Tax Foundation’s General Equilibrium Model
The Tax Foundation uses and maintains a General Equilibrium Model, known as our Taxes and Growth (TAG) Model to simulate the effects of government tax and spending policies on the economy and on government revenues and budgets.Read More
A Competitive Corporate Tax Code is Key to Sustaining Strong Economic Growth
The 12-year history of Tax Foundation's ITCI shows that tax policy is constantly in flux around the world and that tax policy design choices matter for economic growth.Read More
