Latest news with #taxliability
Associated Press
4 days ago
- Business
- Associated Press
Divorced and Facing IRS Collection? Clear Start Tax Outlines How Innocent Spouse Relief Could Save You Thousands
Clear Start Tax Explains How Divorced Taxpayers Can Escape IRS Liability for a Former Spouse's Mistakes IRVINE, CA / ACCESS Newswire / June 6, 2025 / Divorce can be complicated enough without the added stress of IRS debt. Yet every year, countless divorced Americans are shocked to discover they're on the hook for a former spouse's tax liabilities - often for mistakes they didn't know about. According to Clear Start Tax, a leading national tax resolution firm, the IRS's Innocent Spouse Relief program can offer a powerful - and often overlooked - solution. When Divorce Leaves Taxpayers Facing a Former Spouse's Mistakes Many taxpayers assume that a divorce decree automatically separates their financial obligations. But under joint tax returns, the IRS can pursue either spouse for the full amount owed, including taxes, penalties, and interest. That means years after a divorce, one spouse may face wage garnishment, bank levies, or collection notices for a tax bill they had no role in creating. 'We've worked with clients blindsided by IRS letters years after their divorce,' said the Head of Client Solutions at Clear Start Tax. 'Innocent Spouse Relief can be a lifeline in these cases - but most people don't even realize it exists.' Who Qualifies for Innocent Spouse Relief? Clear Start Tax explains that the IRS looks at several key factors when reviewing Innocent Spouse claims: Why the Right Approach Is Essential for Approval While the program offers powerful protection, Clear Start Tax emphasizes that success depends on a careful application and thorough documentation. Missing deadlines, submitting incomplete paperwork, or misunderstanding eligibility rules can lead to denial, leaving taxpayers exposed to the full debt. 'Innocent Spouse Relief isn't just a form-it's a carefully built case,' said the Head of Client Solutions at Clear Start Tax. 'We work closely with our clients to present the strongest possible application, so they can move forward without being burdened by a former partner's tax mistakes.' How Clear Start Tax Helps Divorced Taxpayers Regain Control Clear Start Tax offers a hands-on, strategic approach to Innocent Spouse claims and other tax resolution programs: About Clear Start Tax Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm's unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry. Need Help With Back Taxes? Click the link below: Contact Information Clear Start Tax Corporate Communications Department [email protected] (949) 535-1627 SOURCE: Clear Start Tax press release
National Post
14-05-2025
- Business
- National Post
Dealings in Securities by an Executive Director and Executive Officer of AngloGold Ashanti plc
Article content LONDON & DENVER & JOHANNESBURG — AngloGold Ashanti plc (the 'Company') (NYSE: AU; JSE: ANG) announces that an Executive Director, Alberto Calderon, and an Executive Officer of the Company, Richard Jordinson, have dealt in securities of the Company. A portion of the shares received by Alberto Calderon have been sold to satisfy related taxes as detailed below. The shares received by Richard Jordinson, who will retire as Chief Operating Officer of the Company and member of the Executive Committee with effect from 1 June 2025 after 13 years in senior management positions in the Company, have been sold, in part to satisfy related taxes. Article content Article content Name of Executive Director Alberto Calderon Name of Company AngloGold Ashanti plc Date of transaction 13 May 2025 Nature of transaction Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP) Class of security Ordinary shares Number of securities 80,296 Price per security Nil Nature and extent of interest Direct, Beneficial Article content Name of Executive Director Alberto Calderon Name of Company AngloGold Ashanti plc Date of transaction 13 May 2025 Nature of transaction On-market sale of shares to fund tax liability in relation to DSP awards Class of security Ordinary shares Number of securities sold 40,148 Price per security US$40.8845 1 Value of transaction (excluding fees) US$1,641,431.37 Nature and extent of interest Direct, Beneficial Article content (1) Weighted average price. These shares were sold in multiple transactions at prices ranging from US$40.8792 to US$40.9248 inclusive. Article content Name of Executive Officer Richard Jordinson Name of Company AngloGold Ashanti plc Date of transaction 13 May 2025 Nature of transaction Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP) Class of security Ordinary shares Number of securities 38,346 Price per security Nil Nature and extent of interest Direct, Beneficial Article content Article content Article content Article content Article content Contacts Article content Media Andrea Maxey +61 08 9435 4603 / +61 400 072 199 amaxey@ Article content General inquiries media@ Article content Investors Andrea Maxey +61 08 9435 4603 / +61 400 072 199 amaxey@ Article content Article content
