by James Wade | Sep 29, 2022 | Divorce, Income Taxes, IRS, Tax Controversies
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...
by James Wade | Sep 27, 2022 | Divorce, Income Taxes, IRS, Marriage, Tax Controversies
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...
by James Wade | Sep 21, 2020 | IRS, IRS Back Taxes, IRS Offer-in-Compromise, Offers in Compromise, Tax Controversies
What is an Offer-in-Compromise Doubt as to Liability? Did you know that you can settle your IRS debt if you disagree with the amount due? Most settlements are done because the taxpayer cannot pay but the IRS will settle if you genuinely dispute what you owe. This type...
by James Wade | Jun 26, 2020 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers, Unfiled Taxes
Podcast Episode 10: Tax Preparers Gone Wild In this episode, Jerrod Oltmann and I discuss tax preparers gone wild or tax preparers who either fail to file a return themselves or help their clients to avoid paying their taxes....
by James Wade | Mar 26, 2020 | IRS, IRS Back Taxes, Offers in Compromise, Tax Controversies, Taxpayers
The Three Types of IRS Offer-in-Compromise Programs I have previously introduced what an IRS offer-in-compromise is (for more detail on the basics click here). Briefly, an IRS offer-in-compromise is a legally binding contract between the taxpayer and the IRS to settle...
