Skip to content

IRS Expands Criteria for Streamlined Installment Agreements – October 19, 2016

The IRS is testing expanded criteria for streamlined processing of taxpayer requests for installment agreements. The test is scheduled to run through September 30, 2017. During this test, more taxpayers will qualify to have their installment agreement request processed in a streamlined manner. Contact us to see if you qualify for this new relief. (702) 251-1040.

 

 

Advertisements

Are you an Innocent Spouse?

Explore if you are an Eligible Innocent Spouse

Unfortunately, in marriage and life, everything is not always “Happily Ever After”. If that is the case, what can you do?

If you filed a joint return or a married filing separate return while living in a community property state and your situation is not “Happily Ever After”; the IRS wants to help!

Many married taxpayers file a joint tax return because of certain benefits this filing status allows. If you did so, you may be held responsible for monies due, even if your spouse earned all of the income – And this is true even if a divorce decree states that your spouse will be responsible for any amounts due on previously filed joint returns.

In order to qualify for Spousal Relief, you must meet certain conditions. Please contact us or continue reading if you are interested in exploring whether you might qualify for relief.

Three Types of Relief under IRC sec. 6015

Innocent Spouse Relief
By requesting innocent spouse relief, you can be relieved of responsibility for paying tax, interest, and penalties if your spouse did something wrong on your tax return.

Relief by Separation of Liability
Under this type of relief, you allocate (divide) the understatement of tax (plus interest and penalties) on your joint return between you and your spouse (or former spouse).

Equitable Relief
If you do not qualify for innocent spouse relief or separation of liability, you may still be relieved of responsibility for tax, interest, and penalties through equitable relief.

We have helped dozens of taxpayer’s obtain innocent spouse relief from the IRS. Contact us today at (702) 251-9696 to get help or visit our website for more information.

Struggling with Paying Your Taxes? Let IRS Help You Get a Fresh Start.

Struggling with Paying Your Taxes? Let IRS Help You Get a Fresh Start.

The Internal Revenue Service’s Fresh Start initiative makes it easier for individual and small business taxpayers to pay back taxes and avoid tax liens. The Fresh Start initiative fundamentally changes IRS Collection practices in the following areas:

Notice of Federal Tax Liens
The Fresh Start Initiative increased the IRS Notice of Federal Tax Lien filing threshold from $5,000 to $10,000; however, Notices of Federal Tax Liens may still be filed on amounts less than $10,000 when circumstances warrant.

Installment Agreements
Learn your options for making monthly payments on taxes owed to the IRS.

Offer in Compromise
Settle your tax debt for less than the full amount you owe.

For more information on the IRS Fresh Start Initiative please visit our website or contact us at (702) 251-9696.