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Practical Perspectives: Key financial issues for you and your family — Divorcee seeks tax relief under innocent spouse rules

$225.00

SKU: TREfm124. Category: .

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Abstract: This issue’s “Practical Perspectives” looks at the case of Roxanne, who discovered that her ex-husband had failed to report thousands of dollars in income and the two owed the federal government a substantial sum in back taxes, interest and penalties. But her advisor explains that she could find recourse under Section 6015 of the IRS Restructuring and Reform Act of 1998, better known as the “innocent spouse rules” — though it wouldn’t be easy.

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