The Pros And Cons Of Tax Payment

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INTRODUCTION:
Tax payment is liable on all the citizens all around the world; it is considered as a source of revenue for the government and helps the government to benefit the public. It is the money of public that is used actually for their own benefit, tax is an important aspect to be studied for every one living anywhere around the world who are paying tax, everyone should be well aware of how it is being used. Payment of taxes are of different types, every government has given some leverage to the people for this payment, as we are paying taxes on almost every thing that we buy from a retail store we pay general sales tax on it (McMahon, 2012). Other than that every own is imposed with property tax, car tax, etc. so the government gave the public some relief and so here the research is based upon the innocent spouse relief that has been officially a law.
It discusses those aspects as for the married and divorced couples that are benefitted with these opportunities and relief as the name says on paying tax. This relief is given by IRS (International Revenue Services) as to those individuals who are clean tax payers but have married to individuals who owe the IRS money, the relief means that the IRS will only assess fines and collect the assets of the individuals owing back taxes. As long as the spouse does not file jointly or she should be eligible for innocent spouse relief (Valentine, & Fleischman, 2003). There are these three types of reliefs given by IRS, innocent spouse relief, separation liability relief and equitable relief, these have different requirements and an individual should fulfill these requirements before filling for it.

LITERATURE REVIEW:
While most married tax payers in the united states file joint retu...

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...es, it is inequitable to hold an individual liable for all or part any unpaid tax or deficiency” (H.R conf.Rep.No.105-99, at 254 (1998). Consequently, equitable relief plays the important role of a “safety net” to treat innocent spouse fairly (Bryant & fleischman, 2001). Second, equitable relief is the most common among the three types of innocent spouse relief. Of the numerous innocent spouse relief cases, most relate to innocent spouse equitable relief. For example, the taxpayer advocate services 2011 reviewed 44 innocent spouse relief cases, of which 38, 15 and 13 inclusive cases are related to code section 6015(f), equitable relief, code section 6015(c) ,separate liability ,and code section 6015(b), rational relief, respectively. As the number of equitable relief cases rapidly increase, study in this area becomes more important (Leavins, Wadhwa, & Smith, 2008).

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