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Contact:
Michael R. Coston
Director of Marketing and Public Relations
Forchelli, Curto, Schwartz, Mineo, Carlino & Cohn, LLP
Phone: 516-248-1700
Email: mcoston@forchellilaw.com
Partner Terence
E. Smolev Featured in Newsday’s “Ask the Expert”
Column
“Ask the Expert” by Karen E. Klein 9/16/06
Mineola, September 16, 2006 — Terence E. Smolev, partner-in-charge
of the The Firm Tax, Trusts, and Estates Department,
appears in the latest issue of Newsday offering expert advice
to readers regarding how to go about seeking innocent spouse
relief from the IRS.
Responding to a reader’s inquiry Mr. Smolev explains,
"To qualify for innocent spouse relief, you must show
that a joint return was filed; your spouse understated his
income; you didn't know about that understated income when
you signed the return, and, looking at all the facts and
circumstances, it is inequitable to hold you liable. In
other words, the burden of proof is on you to substantiate
the facts and demonstrate why you shouldn't be liable. You
also must apply for spousal relief within two years from
the date when you were first contacted by the IRS."
Mr. Smolev is partner-in-charge
of the The Firm Tax, Trusts and Estates Department and
concentrates his practice in all aspects of tax, corporate,
estates, trusts and elder law. Over the course of his 38
year career, Mr. Smolev has shown a strong dedication to
community involvement. He is a member of the New York City
Police Museum Board of Trustees and serves as Vice President
and Trustee on its Executive Board. He is also a member
of the Long Island Cabinet for Israeli Bonds, the Nassau
County Comptroller’s Audit Advisory Committee and
the North Shore-Long Island Jewish Health System Foundation
Professional Advisor’s Committee. He is a past President
of the Pickett Farm Homeowners Association and has served
on the Hofstra University Board of Trustees. Mr. Smolev
was featured in the Long Island Business News’ listing
of “Who’s Who in Tax Law” (2006).
To learn more about innocent spouse relief, please pick
up the latest issue of Newsday or visit www.newsday.com.
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