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Innocent Spouse Relief

Innocent Spouse Relief

1 Credit

$10

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00167-20-S)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0179)

1 CE credit of Federal Tax Law for 2021 Annual Filing Season Certificate program( IRS Approved : GEHNZ )

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00167-20-S)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00167-20-S)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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Before starting this self study program, please go through the instructional document.

Overview

  • What is Innocent Spouse Relief?
    2 mins
  • 3 Types of Relief
    4 mins
  • Innocent Spouse Relief
    11 mins
  • Separation of Liability Relief
    26 mins
  • Equitable Relief
    33 mins
  • Other Elements
    35 mins
  • IRS Notice 2011-70
    42 mins
  • Sample 8857 Form
    44 mins

Course Description

Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows them. When filing jointly, both taxpayers are jointly and severally liable for the tax and any additions to tax, interest, or penalties that arise from the joint return even if they later divorce. Joint and several liability means that each taxpayer is legally responsible for the entire liability. Thus, both spouses on a married filing jointly return are generally held responsible for all the tax due even if one spouse earned all the income or claimed improper deductions or credits. In some cases, however, a spouse can get relief from being jointly and severally liable.

Innocent Spouse Relief is an application (Form 8857) by an “innocent” spouse for relief from the tax liabilities of the other spouse that arise as a result of filing a joint federal income tax return. Innocent spouse relief has been around for a long time, but in 2013 the IRS issued Rev. Proc. 2013-34, an extremely sophisticated and detailed procedure for applying for relief in a variety of circumstances, including circumstances where there has been coercion, intimidation, or abuse.

Highlights of the webinar : 

  • Various types of Relief
  • Claiming Innocent Spouse Relief
  • Disqualifying Situations
  • Innocent Spouse Relief
  • Common Issues With Time Limit
  • Separation of Liability Relief
  • Equitable Relief

Learning Objectives

  • To identify the cause for Innocent Spouse Relief
  • To recognize when clients are not entitled to Innocent Spouse Relief
  • To identify qualifying factors for equitable relief conditions
  • To recognize when and how the IRS contacts the spouse
  • To identify conditions which allow a taxpayer to qualify for Innocent Spouse Relief

Who Should Attend?

  • Accountant
  • Accounting Firm
  • CEO
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial CPA
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Pros
  • Young CPA

Testimonial

4.6

(172)
73%
18%
8%
1%
0%

ER

I watched the entire video, but my screen is saying I only watched 68% of the video.