How Good People Solve Bad IRS Problems - Nick Nemeth - Manual / Resource - Page 9
Chapter 11. Can I Get Out of a Joint Tax Liability?
A number of married taxpayers file their tax returns under
the "Married Filing Jointly" status. When filing jointly,
both spouses are jointly and individually responsible for
not just the tax, but also for all additions to tax, interest,
and penalties even ifthey later get divorced.
Chapter 12. How to Set Up My Own Installment
To set up an installment agreement with the IRS the first
step will be to talk to them and find out when your statute
oflimitation is going to expire. This will give you an idea
ifyou have ten years to pay off the total amount ofmoney
due or less time.
Chapter 13. How to Qualify for an Offer in
An Offer in Compromise is the best option for individuals
with very low income and minimal or no equity in assets.
The Offer in Compromise is a lump sum amount that is
submitted to the IRS in hopes that they accept this amount
and forgive the taxes due.