irs help: Richardson TX - What is Injured Spouse Relief and How To Qualify - 06/30/19 09:19 AM
An Injured Spouse is when a married taxpayer files a joint return with their spouse, and when the IRS offsets some or all of the refund of the return, to pay a spouse’s debt. Examples of financial obligations that will trigger an offset of the refund include prior IRS Debt, unpaid child support, and defaulted student loans. The spouse that is not responsible for the debt, and does not want their refund used to pay that debt, is considered the “Injured Spouse” and can request relief.
 
How Do you file Injured Spouse Relief?
To file for relief, you will use Form 8379. … (2 comments)

irs help: Richardson TX - Innocent Spouse Relief under 6015(f) Equitable Relief - 06/28/19 10:22 AM
As we covered in previous blogs, while Married Filing Joint filing status (MFJ) is popular for married taxpayers because it often results in a lower tax liability, another consequence of filing MFJ, is that each spouse is jointly and severally liable for the taxes due on a joint return, regardless of who earned the income, and the IRS can collect from both spouses.  In some situations, this can result in an inequitable tax liability for a “Innocent Spouse”.
 
In these circumstances, the “Innocent Spouse” taxpayer may qualify for Innocent Spouse Relief for all or a part of the tax liability. We … (0 comments)

irs help: Richardson TX - How To Get Rid of an IRS Tax Lien - 05/19/19 09:26 AM
When taxpayer’s come into my office in Richardson, TX related to IRS tax debt problems, IRS Liens are often the major issue they are working to resolve, and taxpayers want to know how to get rid of an IRS lien. 
 
As mentioned in a previous blog, there are two types of liens –
General or “Silent Lien” – automatic by statute.  No one including the taxpayer is notified. A Notice of Federal Tax Lien (NFTL) – publicly filed  
The NFTL is what causes pain to the Taxpayer, harming their ability to access credit and transfer assets.  The IRS is permitted to … (0 comments)

irs help: Richardson TX - The Notice of Federal Tax Lien and the IRS - 05/17/19 10:48 AM
When taxpayer’s come into my office in Richardson, TX related to IRS tax debt issues, threat of or Notice of a Federal Tax Lien is one of the major reasons. Taxpayers often don’t understand the process, how a Tax Lien impacts them, and what they can do to avoid one or remove one. This is one in a series of articles discussing the IRS Tax Lien.
 
 
The Types of Liens
There are two types of liens that Congress has authorized the IRS to use under Section 6321 of the Internal Revenue Code, to use when a taxpayer is liable to pay any … (0 comments)

irs help: Richardson TX - What is the IRS "Silent Lien"? - 05/15/19 01:21 PM
When taxpayer’s come into my office in Richardson, TX related to IRS tax debt issues, one of the major reasons is that either they fear a lien or have received a Notice of Federal Tax Lien. Taxpayers often don’t understand the process, how a Tax Lien impacts them, and what they can do to avoid one or remove one. This is one in a series of articles discussing the IRS Tax Lien.
  
The Types of Liens
There are two types of liens that Congress has authorized the IRS to use under Section 6321 of the Internal Revenue Code, to use when a … (0 comments)

irs help: Richardson TX - Auto Costs and Tax Deductions - What You Should Know - 03/24/19 09:33 AM
A lot of small business owners from the Richardson and Plano TX area that come into our office have questions on the use of their Auto for business on their tax return.  Questions include: What can I deduct? Lease or buy? What miles count? Here are some general rules you need to know to make sure you get every deduction allowed on your auto use!
 
First, you need to understand that the IRS allows you to choose between two options when it comes to your auto.
You can deduct the business miles driven at the IRS rate for that year OR … (2 comments)

 
Bob Jablonsky, Helping you resolve your IRS Problems! (Bob Jablonsky & Associates) Rainmaker large

Bob Jablonsky

Helping you resolve your IRS Problems!

Richardson, TX

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