DESCRIPTION
This webinar will address the IRS' revised procedures for filing innocent spouse claims. It will provide the ability to provide value-added services to clients who are embroiled in a divorce, spousal abandonment, the death of a spouse, or other factors that warrant consideration of innocent spouse relief. Attendees will gain an effective working knowledge of all aspects of the innocent spouse rules, including the application, proof and appeals processes.
Session Highlights:
- How to evaluate whether a taxpayer qualifies for traditional innocent spouse relief
- The elements of a separate spouse election and statute of limitations for making the election
- The “secret” innocent spouse statute that makes relief available to non-filers under community property laws
- The 7 factors the courts considered in determining whether equity relief applies
- Clarification of the statute of limitations applicable to 6015(f)
- Analysis of several court decisions in determining innocent spouse relief
- Definitions of critical applicable phrases, such as “knew or should have known,” and “financial benefit”
- The applicable burden of proof under all three provisions of 6015—(b), (c) and (f)
- How to appeal the denial of innocent spouse applications
Who Should Attend?
- Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Attorneys
- Financial Planners
- Other Tax Preparers