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Tag: statute of limitations

IRS Offers Taxpayers Necessary Relief in Response to COVID-19. Here’s How You Can Benefit.

Update 12/2 The IRS has made several additions to the Taxpayer Relief Initiative since the original publishing of this article, giving you even more flexibility as you head into the new year. Here’s what you need to know: Individual taxpayers owing up to $250,000 for tax year 2019 only can now set up your installment agreement with no […]

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IRS Statute of Limitations: How Far Back Can The IRS Audit You?

You have received an IRS audit letter via certified mail. You’ve never been audited before. And, you are worried about what this means for you or your business. After the initial shock wears off, you will no doubt start thinking about what an IRS audit actually is. No doubt you grabbed your smartphone or laptop […]

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