Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Married taxpayers can file their taxes together or ...
Some advisors’ married clients whose spouses have dragged them into federal tax trouble this filing season may have an out—if they can prove they were not involved in the tax infractions. IRS innocent ...
When a married couple files a joint tax return, both spouses typically share responsibility for any tax liabilities. However, if one spouse has past-due debts — such as unpaid federal taxes, state ...
When Sarah, a 41-year-old single mother of four from Greenville, opened a notice from the IRS, she was shocked to find nearly $8,000 in unpaid taxes. The amount was tied to a joint return she filed ...
Divorce can complicate financial matters, especially when it comes to back taxes. Understanding who is responsible for these debts is crucial to avoiding future legal and financial issues. Joint tax ...
As a general rule, when a married couple files a joint tax return, they are jointly and severally liable for the entire tax. But what happens if one spouse failed to report income and the other spouse ...
Taxpayers who are now separated or divorced and had undisclosed foreign bank accounts may wonder if “innocent spouse relief” is available under the Bank Secrecy Act for FBAR penalties. The answer is ...
If there's one name on the bill, could two paychecks really be at risk? Here's what creditors can actually do.