August 2010
The US Dept. of Treasury release yesterday their Monthly economic data yesterday; here are two...
The unemployment rate is 9.6% and the capacity utilization rate is 74.7% for the month of August. Not much change from last month.
In periods of economic prosperity the capacity utilization rate (i.e., the rate at which production capacity is operating) range in the 80%+.
Source: US Dept of Treasury
Friday, September 24, 2010
Wednesday, September 22, 2010
Injury Spouse Claims
I was asked about this topic, so let me talk about it in general.
What is the general definition "injured Spouse
"?
this is where you submit a claim to the IRS for wrongfully appling your refund to satisfy a liability (ex., federal taxes, loans, child support
, etc.)arising from a marriage relationship.
Some of the issues you may encounter are:
-Income and Taxes reported...
-Commnunity property laws (ex., people
who live in TX, AZ, CA, ID, LA,NM, WI, WA, and NV.) requires special treatment...
-Are you personally liable?
After you determine that you qualify and a valid claim was calculated you need to file
the proper form
to the IRS (F-8379)to get relief.
Source: IRS.gov
What is the general definition "injured Spouse
"?this is where you submit a claim to the IRS for wrongfully appling your refund to satisfy a liability (ex., federal taxes, loans, child support
, etc.)arising from a marriage relationship. Some of the issues you may encounter are:
-Income and Taxes reported...
-Commnunity property laws (ex., people
who live in TX, AZ, CA, ID, LA,NM, WI, WA, and NV.) requires special treatment...-Are you personally liable?
After you determine that you qualify and a valid claim was calculated you need to file
the proper form to the IRS (F-8379)to get relief. Source: IRS.gov
Subscribe to:
Posts (Atom)
Posts
