Bradford Tax Institute

Blog

  • Home
    • About the Publisher
    • About the Site
  • Resources
    • Free Newsletter
    • New Articles
    • Webinars
    • Tax Courses
  • Contact
  • Search

Discover the Secrets of How the Statute of Limitations Applies to IRS Audits

March 26, 2024

“Discover the Secrets of How the Statute
of Limitations Applies to IRS Audits
“

To get my complete, FREE article
with all the details…

Are you tired of the looming fear of an IRS audit hanging over your head? We understand how unsettling it can be, so we’re excited to share valuable insights into the statute of limitations on IRS audits and tax assessments.

In our latest article, How Long Does the IRS Have to Audit Your Returns? we uncover the crucial details you need to know to confidently navigate the complex world of IRS audits.

Here’s a glimpse of what you’ll discover:

Assessment Statute Expiration Date (ASED): Learn about the critical time frame within which the IRS must conclude audits and assessments.

Main Limitations Periods: Understand the different timeframes for audits, including the general three-year period and special cases where audits can extend to five or even six years.

Special Circumstances: Explore scenarios where the statute of limitations can be extended, such as substantial understatement of income, overstatement of tax basis, and more.

No Time Limit: Delve into the unsettling reality of no statute of limitations for egregious conduct or fraudulent returns.

Filing Amended Returns and Extensions: Get insights into the process of filing amended returns and how agreeing to extend the statute of limitations can work in your favor.

Knowledge is power, and with this comprehensive guide, you’ll be equipped to navigate IRS audits with confidence and clarity.

Ready to take control of your tax situation and alleviate the stress of potential audits? Dive into the full article now and empower yourself with the knowledge you need.

CLICK HERE to read my completely new article titled:

“Discover the Secrets of How the Statute
of Limitations Applies to IRS Audits
“

Filed Under: Audits, Filing tips, Investment tax credits, Tax Planning, Tax Policy

Test It Out

If you are not yet a subscriber, CLICK HERE. You’ll get a no-obligation 7-day FREE trial during which you can read, not only the article above, but all of our helpful tax-saving tips. This trial is absolutely free, you don't need a credit card, and there are no strings attached. That’s a personal promise.

Free Ezine

Email:

Are you a tax professional (CPA, EA, tax lawyer, tax preparer)?
   

For Tax Professionals

Learn how the Bradford Tax Institute can help you as a tax professional help your one-owner clients pocket more after-tax money and become raving fans.

Learn More »

For One-Owner Businesses

If you or you and your spouse own the business and you are looking for tax benefits, learn how we can help you keep more of hard-earned money and give less to the IRS.

Learn More »

Articles by Category

Bradford Tax Institute Blog

Operations

1050 Northgate Drive, Suite 351
San Rafael, CA 94903
E-Mail: contactus@bradfordtaxinstitute.com
Telephone: (415) 446-4340
Fax: (415) 446-0127

Editorial

1701 Pennsylvania Avenue, N.W., Suite 300
Washington, DC 20006
E-Mail: contactus@bradfordtaxinstitute.com
Telephone (202) 652-2293
Fax (202) 580-6559

Copyright © 2015 BradfordTaxInstitute.com