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Politics : Politics for Pros- moderated

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To: DMaA who wrote (248567)5/2/2008 4:51:06 PM
From: Logain Ablar  Read Replies (1) of 793900
 
The statute of limitations starts on the date the return is filed. If a return was not filed the statue of limitation is effectively open ended.

Typically the IRS will go back up to 3 years but if fraud is involved they can go back 7.

If its unreported revenue (which is specifically defined as fraud) I believe they can also go back unlimited.
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