Category: Tax Relief

Innocent Spouse Relief on Jointly Filed Income Tax Returns

10 June, 2013 | Tax Relief

Innocent Spouse Relief on Jointly Filed Income Tax Returns Married taxpayers often choose to file joint tax returns because of the benefits this filing status permits, especially tax credits and exemptions.  When filing a joint return, both of the taxpayers are liable for the taxes owed, as well as any interest or penalties that might be assessed. Individuals who are married and file joint returns with their spouse and later divorce can still be audited... CONTINUE READING

First Time Penalty Abatement, Tax Penalty Relief!

19 December, 2012 | Tax Relief

First Time Penalty Abatement, Tax Penalty Relief! If you have no history of tax problems with the IRS, such as back tax returns, but you incurred a penalty for failing to file a tax return, or failing to pay taxes on time, you may be in luck and be able to obtain tax penalty relief. The Internal Revenue Service will often lessen certain penalties for ta... CONTINUE READING

Behind on Payroll Taxes? Watch Out for IRS Letter 5857

Summary 1. IRS Letter 5857 is sent to taxpayers who have fallen behind on their employment tax deposits, notifying them of an impending phone call from a Revenue Officer to discuss the issue. 2. The IRS prefers to resolve tax issues early and may offer payment arrangements or ot...