IRS Proposes to Expand Tax Relief for Innocent Spouses

The NWLC shares some important information for individuals filing joint returns this tax season: "spouses filing a joint return are generally each liable for all of the tax owed on that return—but the law provides equitable relief when one of the spouses has no control over, or perhaps no knowledge of, how the household’s financial situation is reported." This rule especially affects women, who make up 90 percent of the people who request joint relief, and low-income individuals, who make up 65 percent of the pool.

READ MORE

Image via aidanmorgan on Flickr