Most married couples file joint income tax returns. Filing jointly means that both spouses are held liable for any taxes, interest, and penalties–including those resulting from mistakes or deliberate non-compliance in taxation. If within three years, the IRS determines that taxes were not filed correctly, the IRS may go after both spouses in an attempt to collect what is owed. If one spouse made all the financial decisions, including filing and paying the taxes, both spouses can face collection action from the IRS. This is the case even if they are now separated or divorced and the other spouse knew nothing of the intentional or unintentional errors in filing or paying taxes.
To this end, the IRS instituted a policy referred to as Innocent Spouse Relief, which provides relief from taxes, penalties, and interest owed by an ex-spouse. In 2012, the IRS expanded the availability of Innocent Spouse Relief, making it easier than ever before to obtain such relief. If you believe you qualify for Innocent Spouse Relief, tax attorney and CPA Jo Ann M. Koontz can analyze your situation and help you to obtain relief.
There are three types of innocent spouse relief with different qualifications for each one.
Jo Ann M. Koontz and Marina Parkin offer a powerful combination of in-depth knowledge of tax regulations and years of experience representing clients. To schedule a consultation, call the Sarasota office of Koontz & Parkin, CPAs at 941.328.3993.