Case Study # 104 – Innocent Spouse Owes Around $35,000 in Back Taxes 14 December 2012 by Mitch Helfer

TT is a young, divorced, single individual that was assessed $35,000 in back taxes, primarily from self-employment earnings attributable to a former spouse. TT was married at a young age upon entering the U.S. and divorced shortly thereafter. The IRS can assert collection of taxes against spouses where the spouse signed a joint tax return, had knowledge or should have... Read More

Case Study #101 – Small business owner owing $75,000 in back taxes 07 December 2012 by Mitch Helfer

JA is a married, successful IT consultant with 3 kids. His wife is a realtor and housewife. Throughout the years, JA formed a company to provide IT services in addition to wages and other self-employment income he receives. JA had not filed his individual tax returns for over 3 years and was being assessed approximately $75,000 in back taxes from... Read More

Case Study #102 – Real estate investor owing over $90,000 in taxes 07 December 2012 by Mitch Helfer

HR is a single real estate professional that buys, fixes up, rents and sells properties. HR received several IRS letters on the examination of his tax return. HR never responded as was being assessed over $90,000 in additional income taxes. Furthermore, the IRS expanded its audit to the last 3 tax years. HR also failed to file corporate tax returns... Read More

Case Study #103 – Divorced wage earner owing around $95,000 in back taxes 07 December 2012 by Mitch Helfer

RB is an older, divorced wage earner that accumulated around $95,000 in back taxes after paying former spouse with accumulated retirement funds pursuant to settlement agreement. RB is in agreement with the amounts owed and has remaining retirement funds approximating $115,000 that the IRS would have otherwise taken in settlement of his tax debt. Furthermore, RB would be assessed additional... Read More