Taxpayer Abused by Husband Gets Relief.

In Gans v. Commissioner, the taxpayer prevailed over the IRS by establishing that she was abused by her husband, among others, and consequently qualified for relief from joint tax liability. Marriage carries many tax consequences that could be minimized through...

Are you Planning to Pay Less Tax Next Year?

Planning the type and sources of your income could save a lot money in taxes. The source of your income determines your tax rates and tax liability. Taxpayers benefit from the lowest rates available when they have diverse sources of income, like real estate, stocks,...

Did You Use the Correct Tax Filing Status?

Taxpayers should use the correct tax filing status to avoid audit issue. Taxpayers must openly discuss their specific situation with their tax preparers and provide adequate documentation to prove their tax filing status. Many taxpayers have been audited by the...
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