Innocent Spouse Relief - 5 Traps to Avoid Transfer of Assets The first and biggest trap in regards to innocent spouse relief is receiving assets from your spouse or former spouse. In some cases, you may either be denied relief or have the...
Income Taxes
Insights and Advice from Your Trusted Tax Resolution CompanyInnocent Spouse Relief – What is Injured Spouse Relief?
Innocent Spouse versus Injured Spouse What is the Difference between Innocent and Injured Spouse We spoke a bit in an earlier blog post about innocent spouse relief. Injured spouse relief is a different kind of relief. Often confused,...
Innocent Spouse Relief – How Much Relief Do I Get?
Innocent Spouse Relief - How Much Relief Do I Get? In my previous post, I discussed the three types of innocent spouse relief. Now, I want to talk a bit about how tax debts are allocated if you obtain relief. In some cases, it may be a...
Innocent Spouse Relief – Types of Relief
Types of Innocent Spouse Relief We talked previously about what innocent spouse is and how it works. Now we can discuss the three types of relief you can request. As you can guess by now, nothing is quite so simple when it comes to taxes....
Innocent Spouse Relief – When to Request Innocent Spouse Relief Video Post
Innocent Spouse Relief - When to Request Innocent Spouse Relief - Video Post When Should You Request Innocent Spouse Relief? Contact Us I am Maine’s IRS Problem Solver. My firm helps Maine taxpayers in trouble. If you or someone you know...
Innocent Spouse Relief – When to Request Innocent Spouse Relief
Innocent Spouse Relief - When to Request Innocent Spouse Relief When Should You Request Innocent Spouse Relief? In my previous blog post, I provided a quick overview of what innocent spouse relief is and what it is intended to do. Here I...
Innocent Spouse Relief – What Is It?
Innocent Spouse Relief – What Is It? What is Innocent Spouse Relief? Before getting into what innocent spouse relief is, let’s start with the problem innocent spouse relief is supposed to solve. When a married files a joint return, both...
How to Know if You Have Been Contacted by a Scammer
How to Know if You Have Been Contacted by a Scammer Scammers are everywhere you look. Charity scams. COVID loan scams. Student or mortgage loan relief scams. And, of course, tax scams. You would be a very rare bird indeed – or Rip Van...
Better Keep Those Tax Records Handy
Don't Be Too Quick to Toss Old Tax Records I was asked to assist with an appeal of an IRS examination of a real estate investor. One of the big issues was that the IRS denied $500k in losses from prior years outside the audit. In case you...
Big News! IRS Offers Penalty Relief for 2019 and 2020
Big News: IRS Provides Late-Filing Penalty Relief to Taxpayers In a big win for taxpayers, the IRS is providing penalty relief for tax years 2019 and 2020. The best part for you, if you qualify, is that you do not need to do anything to...
IRS Installment Agreements – Types of Installment Agreements
IRS Installment Agreements – Types of Installment Agreements In our last blog post, we talked about IRS installment agreements. Just to recap, an IRS installment agreement is a monthly payment plan to pay taxes, interest, and penalties...
IRS Installment Agreements – Is it Right for You?
IRS Installment Agreements – Is it Right for You? Often taxpayers in trouble are unable to pay what they owe immediately. So, what do you do? Luckily, there are ways to break down payments into something more manageable. The IRS offers...