Jul 262011
 
IRS Eases Restrictions On Innocent Spouses

The IRS recently announced that they would be easing the 2 year deadline on taxpayers seeking innocent spouse relief.  A taxpayer who is a party to a joint tax return and later requests innocent spouse relief may be relieved of responsibility for paying taxes, interest, and penalties if their spouse (or former spouse) improperly reported or omitted items on their returns.  If a taxpayer qualifies for innocent spouse relief then the taxes, interest, and penalties at issue can only be collected from the spouse who is deemed responsible. The previous 2 year limitation began to run from the date of More…