From Our Editors
Tax fraud doesn't necessarily condemn both husband and wife. If the crime rests solely on the shoulders of one, the innocent spouse may be exempt from punishment. This exemption, known as innocent spouse relief, is one of the little-known financial loopholes that the finance experts at LBS Tax and Accounting make it their mission to know and understand. They see no money-related task as too insignificant for their attention. That's why their finance, tax, and accounting services run the gamut from personal financial planning to cash-flow management for small businesses.