Innocent Spouse Relief

You Are NOT Responsible for the Misdeeds of Your Spouse… If You Know What Steps to Take.

You’re in luck! The IRS has provisions for an “Innocent Spouse”.

“Innocent Spouse Relief provides you relief from additional tax you owe if your spouse or former spouse failed to report income, reported income improperly or claimed improper deductions or credits.” – IRS Topic 205

Under certain circumstances, you may be resolved of any misdeeds of a spouse or former spouse involving income tax fraud.

Most married couples file their tax returns jointly. There are certainly benefits to this, but if there were certain “errors” or “mistakes” on your joint return and it was your (present or former) spouse’s fault, you could be in luck. There are provisions in the Tax code that will let you out of a tax burden that was not your fault. But, it will need to be proven. We can help.

To ensure yourself the best possible outcome, it is best to take action as soon as you realize there is a problem.

We can review your situation and help you determine your options and file for Innocent Spouse Relief when necessary.

Let Us Help:

 

1099-K Reporting Requirements: Clearing Up Confusion for New York/New Jersey Metro Taxpayers

The anniversary of 9/11 always reminds me that our lives can be changed dramatically in the span of a day. We could not have imagined on September 10 that such tragedy would strike or that so many people’s lives would be changed. It’s one of the reasons it’s so...
Read More

New York/New Jersey Metro Car Shopping in 2023

Enjoy your long weekend soaking up the final vestiges of summer? Last minute visits to your New York/New Jersey Metro pool, outdoor amusements, a little grill-out … maybe buying a new car?Typically Labor Day is one of the biggest car shopping days of the year. As...
Read More

What Rising Mortgage Loan Rates Mean for New York/New Jersey Metro Home Shopping

It’s almost September as I write this. First, I need to remind you that the filing deadline for tax extensions is nearing. October 16th will be here before you know it:calendly.com/info-tax718/15min If you’ve comfortably waited around at home thinking you have...
Read More

How an Identity Protection Pin Can Save New York/New Jersey Metro Taxpayers

Here we are, nearing the end of August, looking September and fall in the face. And that calls for a couple tax-related reminders.1. If you’re a teacher... you’re a true New York/New Jersey Metro hero, which is why I want to make sure you remember that you can claim...
Read More

Energy Efficient Home Improvement Kickbacks for New York/New Jersey Metro Homeowners

I want to start today by sending my thoughts to those suffering and grieving in Maui. You’ve likely heard about the wildfires raging there (the deadliest in more than a hundred years, actually, with search efforts only just beginning). If you’re at all interested in...
Read More

Check Payment Alternatives to Consider Now, New York/New Jersey Metro Friend

Remember when music went digital? No more massive stacks of CDs or worries over scratched discs. You could exchange all of that for your first-generation iPod that fit in your pocket.But if you’re old enough to remember that, you also remember a less-than-legal shared...
Read More

Could Tax Refunds Be Waiting for You, New York/New Jersey Metro Taxpayers?

Well, let’s start with some good news on the economic front. After the latest earnings reports, it looks like the GDP is doing better than analysts thought thanks to consumer spending and an aggressive investment attitude by businesses this year. Recession fears...
Read More

Lillian Turner-Bowman on Insurance Planning for Life’s Big Changes

Looks like another (and most likely final) fed interest rate hike is expected this week. Curbing inflation never seemed so expensive, am I right?Because your dollar just doesn’t seem to go as far as it used to, being more focused on tracking your money is more...
Read More

A Restarting Student Loan Debt Repayment Guide for New York/New Jersey Metro Borrowers

Man, I love summer. Longer days, time outside in nature, burgers on the grill… scorching hot weather… Okay, so that last part not at all. And the heat continues to turn up across the US and parts of Europe (it was so hot they closed the Acropolis multiple...
Read More

Crypto Security Musts for New York/New Jersey Metro Investors

Remember watching Back to the Future II and thinking hoverboards were going to be the greatest futuristic invention? How about paying for things through an implant in your wrist like the 2012 Total Recall movie? (That’s an idea that might not be so futuristic...
Read More

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

Contact Us