| Some of you may know me, some of you may not. I | | | | Compromise where the IRS will settle the debt for a |
| call myself the IRS-Hitman. I used to be a revenue | | | | single lesser payment. |
| officer for the IRS, but now I've left that all behind me | | | | Now an Offer in Compromise is very difficult to get, |
| and offer my knowledge to help you with tax | | | | and you have to prove to the IRS that your income |
| problems. | | | | and assets are not significant enough to ever pay the |
| A true story...I received the following e-mail from a | | | | debt off. For specific information on an Offer in |
| lucky bride to be who had a question about her future | | | | Compromise read my article Settle Your IRS Tax |
| husband's IRS tax debt. | | | | Debt for Pennies on the Dollar. |
| I am engaged to a man that is deeply in debt to the | | | | For the newlyweds...What about our soon to be |
| IRS. Currently, he has no property in his name that the | | | | blushing bride? Is there anything she can do to avoid |
| government can take. If I marry him, and change my | | | | having to take on this IRS debt? There is a solution |
| name to his, can the IRS seize my property and | | | | called Innocent Spouse, but it doesn't normally apply to |
| income to satisfy his debt? | | | | newlyweds, especially when the spouse to be already |
| Before you say, "I do"...When you marry someone and | | | | knows about the debt. But I'm going to list the |
| you're saying your wedding vows, there's that one little | | | | requirements for Innocent Spouse because I know |
| line about "for better or worse". Well if you marry | | | | some of you out there may be able to use it to solve |
| someone with an existing IRS tax debt, that's what "or | | | | your IRS debt brought on by a loving spouse. |
| worse" means. | | | | - The taxes owed have to be theirs. That means if |
| Sorry honey... Marrying someone who already has an | | | | you filed jointly, you owe it. The consolation is that they |
| IRS tax debt also means that you're marrying their tax | | | | do too. |
| debt too. You are just as responsible for paying back | | | | - You can prove you were unaware of the debt, |
| that debt as your new spouse. | | | | thought your spouse was going to pay, or were |
| A match made in...The woman who sent me the e-mail | | | | unaware of items changed in an audit. |
| asked if the IRS can seize her income or property and | | | | - The debt would cause you hardship. This means you |
| the answer would be yes! But the IRS-Hitman wants | | | | couldn't afford to pay basic living expenses like food |
| to help these love birds, so let me tell you some tips | | | | and utilities. |
| that may help them. | | | | - You suffered abuse in the relationship. |
| Cleaning your house... This man of hers needs to get | | | | Wedding night surprises...Luckily this woman knew |
| his debt settled or under control before they're married. | | | | about the debt, and was able to get information that |
| Now she tells me that he doesn't have any property | | | | can help her deal with the situation she's in. However |
| of his own for them to seize, and even though I | | | | there are millions of marriage where a spouse finds |
| haven't gotten the specifics of the rest of his financial | | | | out only too late that they now have a debt due. |
| situation he may be eligible for an Offer in | | | | Now she has the smoking gun...and so do you. |