Since couples can file their taxes jointly, some partners purposely neglect their tax duties which explains the reasons the innocent spouse relief law was enacted. The program is a...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/17/2023
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
Most taxpayers are only concerned with completing the filing process as quickly and easily as possible. That being said, when it comes to answering each question, please think carefully...
Posted by Carmen Garcia on 05/30/2021
A joint tax filing return makes both parties responsible for the tax bill. It removes the need to foot additional tax debt with an innocent spouse relief if your partner or ex-partner...
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
In spite of the expensive cost of living, California remains to be among the most desired state for Americans to live in and that’s due to a couple of good reasons. The nice...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 07/23/2018
As actual property builders and traders do enterprise and over time they'll face complicated tax issues that may stress resources and drain profits. They should preserve in thoughts...
Posted by Flynn Financial Group Inc on 05/18/2018