On July 1, 2019, the Congress and the President passed the expansion and strengthening of taxpayers’ rights and the focus on cyber security and protection from identity theft...
A joint return is a tax return filed by married taxpayers whose filing status is married filing jointly (MFJ) or by a widowed taxpayer whose filing status is Qualifying Widow or Widower...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/27/2019
Do you want to file a request for innocent spouse relief, make use of Form 8857? You will need to send the form by mail alongside stating why you meet all requirements for relief....
Posted by Wright Tax and Accounting Solutions on 01/24/2019
The Internal Revenue Service recognizes that sometimes, when a joint return is filed, both parties may not be responsible for a resulting tax liability. However, when a tax liability...
Posted by Advantage Tax Services, Inc. on 01/02/2019
When both husband and wife document the taxes collectively, they may be additionally answerable for the tax debt collectively. Even though they get separate at one point in life, one...
Posted by Allen Kemper on 03/26/2018
The idea of Tax Resolution (IRS) is getting popular day by day with making it easier for the business to operate in the competitive market. It was difficult to find the tax resolution...
Posted by Edison Tax Group, LLC on 03/14/2018
Tax filing is a stressful time for many people but when you have a clear background then what are you afraid of? Well, sometimes when you panic a lot, you tend to make mistakes which...
Couples who file a joint tax return are jointly liable for any tax debt. However, the law provides a way for a spouse to be relieved of a liability separate from his or her spouse....
Posted by Peter J. Marchiano, Jr., CPA on 02/14/2018
Many married couples chose to file “married filing jointly” because of the benefits receive through this filing status. For many couples there are no problems; however,...
Posted by AllRight Consulting & Tax, LLC on 12/24/2014