Innocent Spouse Relief

You Are NOT Responsible for the Misdeeds of Your Spouse… If You Know What Steps to Take.

You’re in luck! The IRS has provisions for an “Innocent Spouse”.

Under certain circumstances, you may be resolved of any misdeeds of a spouse or former spouse involving income tax fraud.

Most married couples file their tax returns jointly. There are certainly benefits to this, but if there were certain “errors” or “mistakes” on your joint return and it was your (present or former) spouse’s fault, you could be in luck. There are provisions in the Tax code that will let you out of a tax burden that was not your fault. But, it will need to be proven. We can help.

To ensure yourself the best possible outcome, it is best to take action as soon as you realize there is a problem.

 

We can review your situation and help you determine your options and file for Innocent Spouse Relief when necessary.

“Innocent Spouse Relief provides you relief from additional tax you owe if your spouse or former spouse failed to report income, reported income improperly or claimed improper deductions or credits.” – IRS Topic 205

Let Us Help:

Combating Tipping Culture’s Impact on Sarasota Wallets

Let’s start today with a reminder.If you filed for an extension and haven’t yet submitted your 2022 taxes, the deadline for doing so is coming up quickly. Let’s get things settled before October 16:941-893-1791And beyond that, the moratorium on paying student loans is...
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Maurie West’s Financial Stress Management Insights

One common denominator among my Sarasota clients the last few years is an increase in financial stress. Often, it’s related to tax problems they need help resolving, but there are other factors involved, too. As prices rise, so does anxiety around money. And it’s...
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1099-K Reporting Requirements: Clearing Up Confusion for Sarasota Taxpayers

The anniversary of 9/11 always reminds me that our lives can be changed dramatically in the span of a day. We could not have imagined on September 10 that such tragedy would strike or that so many people’s lives would be changed. It’s one of the reasons it’s so...
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Sarasota Car Shopping in 2023

Enjoy your long weekend soaking up the final vestiges of summer? Last minute visits to your Sarasota pool, outdoor amusements, a little grill-out … maybe buying a new car?Typically Labor Day is one of the biggest car shopping days of the year. As dealers look to clear...
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What Rising Mortgage Loan Rates Mean for Sarasota Home Shopping

It’s almost September as I write this. First, I need to remind you that the filing deadline for tax extensions is nearing. October 16th will be here before you know it:941-893-1791 If you’ve comfortably waited around at home thinking you have plenty of time to...
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How an Identity Protection Pin Can Save Sarasota Taxpayers

Here we are, nearing the end of August, looking September and fall in the face. And that calls for a couple tax-related reminders.1. If you’re a teacher... you’re a true Sarasota hero, which is why I want to make sure you remember that you can claim up to $300 for any...
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The Good & Bad of Unfiled Tax Returns for Sarasota Taxpayers

You may have seen the recent headlines announcing that Americans left almost 1.5 billion dollars in unclaimed tax refunds in 2019 because of unfiled tax returns.That’s a lot of money that will become the property of the U.S. Department of the Treasury when it could...
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Energy Efficient Home Improvement Kickbacks for Sarasota Homeowners

I want to start today by sending my thoughts to those suffering and grieving in Maui. You’ve likely heard about the wildfires raging there (the deadliest in more than a hundred years, actually, with search efforts only just beginning). If you’re at all interested in...
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Watch Out for Tip Creep in Your Sarasota Business

I’m sure you’ve noticed the rising pressure to tip in recent years. You go to pay for your drip coffee, the barista flips over the kiosk, and you’re confronted with the request to tip.And also wondering… Am I obligated to tip you to pour a cup of drip?Of course, no...
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Check Payment Alternatives to Consider Now, Sarasota Friend

Remember when music went digital? No more massive stacks of CDs or worries over scratched discs. You could exchange all of that for your first-generation iPod that fit in your pocket.But if you’re old enough to remember that, you also remember a less-than-legal shared...
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Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

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