Posts about

tax problems

Avoid a Surprise and check your withholdings!

As we hurtle toward the grand finale of 2023, the IRS is doing its best impression of a friendly, not-so-subtle nudge, urging taxpayers to take a look at their tax withholding. Why, you ask? Well, they want to prevent the kind of surprise party...

6 Crucial Tips to Avoid an IRS Audit: Advice from an Experienced Accountant

Getting audited by the Internal Revenue Service (IRS) can be a stressful and time-consuming experience. To help you steer clear of this potential nightmare, I'm here to offer some valuable advice from my years of experience as an accountant. While...

What is Injured Spouse Relief

Injured spouse relief is a program that provides tax relief to spouses who have had to pay out-of-pocket expenses for qualifying medical expenses. These expenses can be related to the injury or illness of either spouse and can include things like...

Payroll Tax Debts And Personal Liability

Employers have a number of legal and financial obligations with regard to their employees. One such obligation is the payment of payroll taxes. Failure to pay these taxes can result in significant penalties and interest, as well as personal...

Innocent Spouse Relief Part 3 – Equitable Relief, 6015(f)

In our last blog post, we talked about Innocent Spouse Relief Part 2 – Injured Spouse Relief. This week, we will be discussing Equitable Relief, 6015(f). As the name suggests, this type of relief is meant to provide fairness in tax cases where one...

Innocent Spouse Relief Part 2 – Separation of Liability, 6015(c)

Separation of liability is a key part of the IRS's process for providing innocent spouse relief. This relief allows a taxpayer to be relieved of responsibility for paying taxes on a joint tax return if he or she can show that it would be unfair to...

Innocent Spouse Relief Part 1 – Innocent Spouse, 6015(b)

For people who are married and file a joint tax return, if only one spouse is responsible for the errors or omissions on that return, the IRS may be able to hold both spouses liable for any resulting tax deficiencies and penalties. This is known as...

Challenging A Tax Debt In Bankruptcy

Bankruptcy is commonly thought of as a way to get rid of debt. But what many people don't realize is that bankruptcy can also be used to challenge certain types of debts - including taxes. Challenging a tax debt in bankruptcy is complex, and it is...

Discharging Taxes Through Bankruptcy

Filing for bankruptcy can be a scary process, but it may provide relief from certain debts, including taxes. If you are struggling to pay your taxes and meet other financial obligations, bankruptcy may be a viable option for you.

Using Bankruptcy to Force a Payment Plan on the IRS

In difficult times, many Americans find themselves struggling to make ends meet. When you are behind on your taxes, the IRS can be a daunting and frightening organization. You may feel like you have no other choice but to file for bankruptcy in...