Venar Ayar, JD, LLM (Tax)
September 1, 2024 No Comments
A Quick Discussion on the 3 IRS Innocent Spouse Relief Programs In this post, we will describe each type of relief to available to a married taxpayer who filed a…
Venar Ayar, JD, LLM (Tax)
June 7, 2024 No Comments
The IRS requires taxpayers to follow two steps to apply for innocent spouse relief: Submit a completed Form 8857, Request of Innocent Spouse Relief Attach a statement explaining why you…
Venar Ayar, JD, LLM (Tax)
June 29, 2021 No Comments
Income Tax Rules for Common Side-Hustles In today’s day and age, it’s not uncommon to come across people who have side hustles to make some extra cash, especially since the…
Venar Ayar, JD, LLM (Tax)
February 28, 2020 No Comments
You may be able to eliminate some or all of your marital tax debt by requesting innocent spouse relief. If you think you may qualify, contact a tax attorney right…
Venar Ayar, JD, LLM (Tax)
February 24, 2020 No Comments
An IRS installment agreement is one of the best ways to resolve your tax debt problems. You can avoid most types of IRS collection actions and pay off several years…
Venar Ayar, JD, LLM (Tax)
January 3, 2020 No Comments
The IRS rejects a lot of Offers in Compromise (OICs). When an offer is rejected, you have 30 days to request an appeal. You can also consider using other tax…
Venar Ayar, JD, LLM (Tax)
October 14, 2019 No Comments
Owing taxes to the IRS is no joke. In fact, you could face severe penalties for not addressing outstanding tax liabilities. The good news is that there may be actions…
Looming income tax debt can be daunting and create financial stress. Can you file bankruptcy for tax debt? Here is the breakdown of how tax debt is handled in the…
Venar Ayar, JD, LLM (Tax)
March 19, 2019 No Comments
A doubt as to liability Offer in Compromise (OIC) can be used to settle tax debt when there is a legitimate dispute about whether you actually owe the debt. If…
Venar Ayar, JD, LLM (Tax)
February 12, 2019 No Comments
Negotiating a Tax Lien Withdrawal A federal tax lien withdrawal removes the Notice of Federal Tax Lien (NFTL) from the public records. You can request a tax lien withdrawal once…
Venar Ayar, JD, LLM (Tax)
February 8, 2019 No Comments
The IRS may grant penalty relief for reasonable cause based on all the facts and circumstances of your situation. This broad category of penalty relief can cover many different types…
Venar Ayar, JD, LLM (Tax)
October 29, 2018 No Comments
Whether you are a wage earner or self-employed, there are three relevant information collection statement forms titled as IRS Form 433A, IRS Form 433B, and IRS Form 433F. Their basic…
Venar Ayar, JD, LLM (Tax)
October 16, 2018 No Comments
You can file an administrative wrongful levy claim when the IRS seizes property to collect tax revenue owed by another person and you have a superior right to this property.…
Venar Ayar, JD, LLM (Tax)
June 7, 2018 No Comments
When the IRS grants innocent spouse relief to one spouse, it effectively shifts all the responsibility onto the other spouse. Instead of being able to go after either or both…
Venar Ayar, JD, LLM (Tax)
June 6, 2018 No Comments
The blanket IRS tax lien applies to all your property once you receive a Notice of Demand for Payment and fail to pay the balance in full. The lien encumbers…
Venar Ayar, JD, LLM (Tax)
April 9, 2018 No Comments
Typically, taxpayers who file joint returns are both responsible for the entire tax, interest, and penalties associated with that return. Innocent spouse relief can provide one spouse with an exception…
