If your spouse or ex-spouse understated the tax on a jointly filed return, you are eligible to be released from the obligation for the tax liability and the related interest and penalties.
Your only obligations to be released from the liabilities are to show that the understatement of tax is a result of your spouse and that you had no reason to know of the understatement.
Additionally, you must claim to be an innocent spouse by filing Form 8857 within 2 years after the IRS has begun to try to collect the tax from you.
Tax professionals have years of experience with innocent spouse claims and are fluent in every aspect of pertinent and changing tax code. When you hire their services, they assume limited power of attorney, enabling them to negotiate directly with the IRS on your behalf. All necessary forms and procedures will be filed accordingly, administering your rights as an innocent spouse to be excused from this liability.
S. Raines, Sr. Financial Advisor/Tax Preparer
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