Posts Tagged ‘Innocent Spouse’

Tax Relief News: IRS Changes Rules to Protect Innocent Spouses

Thursday, July 28th, 2011

Effective immediately the IRS will be allowing tax relief to the innocent spouses of those with serious IRS tax problems and back taxes. The new rules will help protect partners, especially those from abusive relationships, by granting relief to those who could have been deemed liable for a spouse’s tax problems. The Wall Street Journal’s Laura Saunders explains how the new rules differ from the original rule of a 2
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Tax Evaded by Kentucky Couple May Result in Prison Time

Tuesday, July 19th, 2011

Sometimes when a person is guilty of tax evasion, the IRS may assume their spouse (or ex-spouse) is also guilty through association.  In certain cases, the IRS has found that some spouses truly are innocent of their partner’s actions.  For this reason, the IRS set up the Innocent Spouse Claim program whereby a spouse may not be held responsible to pay the IRS back, but that is only if they
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Joint Tax Return Issues? What Marriage Means to Taxes

Tuesday, June 28th, 2011

An article I just wrote about, Innocent Spouse Relief highlights a couple’s need for better understanding that after saying the “I dos” for better or for worse, each spouse inherits the other’s tax history. Should the marital bliss fade, the couple’s tax liability will not.
The reason for this is simple: the IRS views couples as individuals and holds both taxpayers responsible, commonly referred to as “joint and severally liable”. This means
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Tax Evasion Sends New Mexico Couple to Prison

Monday, June 13th, 2011

In some cases of tax evasion where a couple is involved, one person in the couple may qualify for Innocent Spouse tax relief.  That’s when one person of the couple has no idea that the spouse (or ex-spouse) is scamming the IRS.  Qualifying for Innocent Spouse relief means that the innocent party will not be liable to pay back the taxes, interest or penalties incurred by the guilty spouse.  As
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Illinois Man Charged with Tax Evasion Will Probably Face Jail Time and Hefty Fine

Thursday, June 9th, 2011

The president and sole owner of an Illinois construction company was indicted on charges of filing false federal individual income tax returns for allegedly under reporting his company’s income by more than $864,000 over two years and failing to pay more than $260,000 in taxes.
Robert W. Conforti Sr., 63, of Downers Grove, Illinois, owned Conforti Construction Co., and was charged with two counts of filing false federal tax returns.
According to
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Tax Resolution Tip: Keep Up With Your Rights As a Spouse

Tuesday, June 7th, 2011

Today’s Tax Resolution Tip:
Tax rules regarding spouses are changing. Check out the article, A New Push To Protect Spouses recently posted on the Wall Street Journal. The rules for protecting spouses from their partner’s tax wrong doings do not always work. At the moment, both Congress and the IRS are rethinking them. If you’re a spouse, make sure you’re in the loop! You need to be aware of your rights.
For
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Tax Relief Available For Qualifying Innocent Spouse – Not In This Case of a Tax Evading Colorado Couple

Thursday, May 26th, 2011

The IRS does gives people breaks – here and there.  One IRS break that some people are not aware of is tax relief for spouses who are being subjected to IRS problems because of their spouse’s (or ex-spouse’s) actions.  It is appropriately called “Innocent Spouse” tax relief and, if a person qualifies and meets IRS guidelines, they will not be responsible for the tax problems of their spouse.  Of course, this does not apply to
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Tax Relief for Innocent Spouses – You Must Act Swiftly to File Your Claim with the IRS

Saturday, August 28th, 2010

In recent tax relief news, the Seventh Circuit Court of Appeals ruled that the IRS can continue to apply the two-year deadline for taxpayers looking to file for “innocent spouse” relief. Basically, this treasury ruling upholds that taxpayers claiming innocent spouse tax relief must make their claims within 2 years of the IRS’s commencement of collection action.
What is meant by an “innocent spouse”?
Answer: When you and your spouse file a joint
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Is Tax Relief for an Innocent Spouse Possible When Man Claims $5 in Income?

Sunday, July 25th, 2010

I see tax cases every day where a person has evaded taxes, hidden assets, failed to file a tax return and more.  What happens to their spouse (or ex-spouse) if they had nothing to do with the bad tax decisions of their partner?  These situations occur and the IRS has set up a provision for people in this situation, provided that they qualify.  It is known as Innocent Spouse Relief (or
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IRS Tax Relief For Last Minute Filers as April 15th Approaches

Tuesday, April 13th, 2010

There are only two days left until the April 15th tax filing deadline.
For taxpayers who are not yet ready with their tax returns, it’s time to buckle down. Whether you haven’t filed your taxes because you’ve been busy or because you don’t have enough money to pay your taxes in full, it’s time to get serious about your tax return in order to avoid IRS tax problems.
I recently appeared on
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Innocent Spouse Tax Relief May Help Wife of Louisiana Mayor Guilty of Tax Evasion, Corruption

Thursday, November 12th, 2009

We all know that accepting bribes is not acceptable.  Call it what you may, “gifts and gratuities”, but we all know that a person with a governing position, like a mayor, who accepts gifts and gratuities is basically accepting a bribe.  When the bribe happens to be cash, or something of great cash value, it is still taxable.  But because it is a bribe, the mayor decides to evade taxes
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TRS Files: Innocent Spouse with IRS Problems Can Finally Sleep at Night!

Friday, October 30th, 2009

This is a story I wanted to share with you because the guy featured in this video, Gib, discovered that he was going to owe the IRS more than 35,000 dollars in back taxes, interest, and penalties.  To hear how Gib was finally able to sleep at night because of a provision in the tax code called Innocent Spouse, watch the video from TRS Files now!
Gib was truly innocent of
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Top 7 Tax Resolution Lessons Learned from the Worst Cases of Celebrity Tax Evasion

Thursday, October 22nd, 2009

Celebrities, just like average taxpayers, can run into serious IRS problems. You have an edge over the high-profile celebrity tax cheats in that you can learn how to avoid IRS tax problems from the worst celebrity tax evasion cases.
Recently Access Hollywood compiled a list of celebrity tax cheaters who found themselves in deep IRS trouble with Uncle Sam. With thousands of fans and loyal followers, ending up on the
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Innocent Spouse Tax Relief Not Always Applicable, But a Possibility for Some Facing Tax Charges

Wednesday, October 21st, 2009

When tax problems arise in a family, it could end the marriage.  Sometimes, the spouse is truly innocent of their partner’s tax problems and the IRS realizes that this may be the case.  There is such a thing as Innocent Spouse Tax Relief and the IRS has a series of questions and Innocent Spouse Tax Relief Rules to extricate the innocent person from being responsible for the tax problem.   If
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Tax Help Glossary: Common Tax Relief Terms to Help You Resolve Your Tax Problem

Wednesday, October 7th, 2009

The IRS can be difficult to understand–they have a whole set of terminology that is not used in any other realm except the one concerning taxes. So on top of understanding your legal tax obligations, it’s also important to know what key tax terms mean. Resolving your IRS problems can be frustrating and complicated, but getting the tax help you need doesn’t have to be.
This combination of deciphering the IRS
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