IRS Makes It Tougher For Spouses to Claim Innocence in Tax Fraud
It is getting harder to prove your innocence when you sign a joint tax return with your spouse that later turns out to be wrong or fraudulent -- due to a combination of tougher IRS enforcement, a string of recent court cases and ambiguous laws.
Most married couples file jointly, a strategy that typically saves taxes. But as thousands of taxpayers have discovered in recent years, signing a joint return can turn into a long-running nightmare when a spouse has neglected to report taxable income read more
WSJ: New Law Makes Escape Tougher For Tax Exiles Article in today's Wall Street Journal: New Law Makes Escape Tougher For Tax Exiles, by Martin A. Vaughan: It's been called "the ultimate estate plan": moving to a desert island or other far-off locale to escape the clutches of the...