by James Wade | Feb 5, 2021 | Divorce, Income Taxes, Innocent Spouse Relief, IRS, IRS Back Taxes, Taxpayers, Uncategorized
Innocent Spouse Relief- The Program This month, we will close our discussion on innocent spouse relief. In my first post on the subject, I gave a broad outline and talked about how to sever the joint tax liability between you and your spouse. In the last post, I...
by James Wade | Nov 22, 2020 | Divorce, Income Taxes, Innocent Spouse Relief, IRS
Innocent Spouse Relief – What is Required? In my previous post, I discussed innocent spouse relief in broad outlines. In this post, I explain what are the foundational requirements. Innocent spouse relief is not granted merely for convenience or a matter of...
by James Wade | Oct 16, 2020 | Innocent Spouse Relief, IRS, IRS Back Taxes
Innocent Spouse Relief – How to Sever Your Joint Tax Liability with Your Spouse (or Former Spouse) As a married couple, filing a joint return can yield a huge tax benefit. If you file separately, often you end up owing more. Congress placed limits on certain...
by James Wade | Jun 30, 2017 | Divorce, Income Taxes, Innocent Spouse Relief, IRS
Getting Divorced? What You Need to Know About Your Unpaid Tax Liabilities. Getting divorced is unpleasant, even in the best of situations, and nothing can make it more unpleasant than when issues from the marriage continue to haunt the former couple after the marriage...
by James Wade | Oct 26, 2016 | Alimony, Divorce, Income Taxes, Innocent Spouse Relief, Property Settlement
Divorce is tough. No doubt about it. So avoiding more bad news is probably a good idea. While I can’t make divorce any easier here are some tips on avoiding tax troubles in your divorce: 1. Filing a joint return in your final year of marriage. The instinct that...
