Divorce is a life-altering event that can have significant financial implications, particularly when it comes to taxes. As a business owner, understanding how your tax situation may change due to
When taxpayers file a joint tax return, both spouses are jointly and severally liable for the entire tax due. However, there’s an exception if fraud is involved, allowing tax liability
In a recent verdict, the Tax Court addressed critical facets concerning spousal relief from unpaid taxes, spotlighting evidence admissibility and the criteria for granting relief in Thomas v. Commissioner (162