Author Archives: c11935814

TAX RELIEF SECRET #1

December 18, 2018

The IRS has over 148 different types of penalties they can hit you with. And the worst part is that the IRS can also charge interest and additional penalties on the original penalty.

Penalties can be such a high percentage of the total amount owed to the IRS, it usually makes sense to consider requesting the IRS to reduce all penalties to ZERO.

IRS penalties can often be reduced to ZERO if you have REASONABLE CAUSE.  What makes up REASONABLE CAUSE you ask?  Well, in our experience in negotiations with the IRS, anything may qualify as long as it’s reasonable.

We’ve had the IRS abate penalties for medical reasons, bad accountants, and ignorance of the tax laws, ex-spouses, helping to provide care for a loved one, military call-ups, fires, floods, alcoholism, drug abuse, death and even for relying on IRS advice.

YOU MAY BE PLEASANTLY SURPRISED.  YOU HAVE NOTHING TO LOSE AND THE SAVINGS COULD BE HUGE!

Innocent Spouse Relief

Spouse in trouble with the IRS and you believe you are entitled to relief? Maybe, maybe not if you filed jointly.

Seventh Circuit: IRS Not Required to Notify Taxpayer of Right to Innocent Spouse Relief

The Seventh Circuit upheld a Tax Court decision denying innocent spouse relief to a taxpayer because it did not find credible her position that she lacked the requisite knowledge or sophistication with respect to business and financial matters and thus should not be held liable for tax deficiencies relating to a joint tax return. The court also found that the IRS was not required to notify the taxpayer of her right to claim innocent spouse relief, and its failure to do so did not preclude the Tax Court from finding that she meaningfully participated in the Tax Court trial. Rogers v. Comm’r, 2018 PTC 399 (7th Cir. 2018).