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 amount of relief reduced based on property you may have … [Read more...]
Innocent 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, these two similar sounding relief provisions have two … [Read more...]
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 better idea to use other tax resolution tools to obtain … [Read more...]
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. I will do my best to guide you through each type. The … [Read more...]
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 in Southern Maine wants more information on how to … [Read more...]
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 will be discussing when you should consider requesting … [Read more...]
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 are agreeing to be jointly liable for the tax debt. This … [Read more...]
Dealing with Tax Returns in Divorce
Tax Returns and Divorce Taxes are one of life's inevitables. You cannot avoid it even while getting a divorce. In this blog post, I lay out three things to understand when dealing with tax returns in divorce. Why you need to get advice before filing a return with (or without) your spouse … [Read more...]
What Your Family Attorney is NOT Telling You.
Hidden Tax Traps in Divorce Your Attorney Won't Tell You About Look. Your attorney is doing the best job he or she can. Family law is what they do day in and day out. He or she is just not a tax expert and may not know about all the tax traps in divorce. If I listed all the things that you (and … [Read more...]
