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Effective field theory approach allows for systematic improvement of Standard Model predictions, which are tested in experiments. In my talk, I will focus on two applications of modern effective field theory framework. In the first part, I will discuss corrections to the bound electron gyromagnetic factor and their impact on electron mass determination. In the second part of my talk, I will present a formalism allowing for a systematic treatment of QED corrections in flavor physics. I will also show how higher-order effects impact searches for Dark Matter.