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IRS Tax Missing Returns Stamford, CT: Why you may not want to file those back taxes jointly in Stamford, Connecticut!
We frequently have taxpayers in Stamford, CT contact us for help because they have filed several years of missing tax returns (on the advice of their preparer) jointly, and now the IRS collection division is pursuing them and their spouse.
I will be the first to agree that, in most cases, filing a joint tax return with your spouse can save federal taxes.  There are some instances, however, in which you DO NOT WANT TO FILE A JOINT RETURN!
A real life example that came into our office was the following: husband was self-employed and wife was a stay-at-home mom.  The couple had not filed tax returns for 6 years.  They owned their home, in which they had $160,000 of equity, and the wife had an IRA she had put away when she worked before they had children with $120,000 in it.  When contacted about their missing returns by the IRS they went to a CPA who had them file joint tax returns.  With interest and penalties they owed $322,000 to the IRS.
I questioned why the CPA had them file joint tax returns, and he told me that by doing so they saved $57,000.  I explained that, by ... more

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